M&A buyers are still looking in the midst of uncertainty. However, buyers will be mindful of added risks caused by COVID-19. These are some technology-related questions that may come up in future due diligence:
- Do employees have the ability to work remotely – without frustrating workarounds?
- Does the IT system have sufficient capacity to support remote operations?
- Are further developments necessary to sustain a long-term virtual environment?
- Are security measures sufficient in a time of increased scams and attacks?
Business owners should review their current practices now, so they’re prepared to address buyer concerns.
