Acquisition Due Diligence and Turnaround Assistance
Our Expertise
TSI partners with a wide variety of organizations ranging from Law/Accounting/Consulting firms, Private Equity, Venture Capitalists, Banks and other companies seeking to acquire organizations. TSI specializes in quickly and systematically working with organizations to assess the operational, organizational and technical strengths, weaknesses, opportunities and threats. TSI works to improve their operational efficiency and, when necessary, reduce or eliminate redundancies in technology.
We do this by objectively reviewing the use of People, Process and Technology in the context of the purpose of the acquisition. With our industry and "Big 4 "consulting and financial expertise, we quickly cut through complex, undocumented operations and circuitous technology architectures to assist with due diligence or turnaround efforts and implement a pragmatic transition plan.
TSI Approach
Nearly each project is different, but provided below is an example approach that we followed on a recent project.
Operational and IT Due Diligence Phase
1. Conduct an analysis of the organization's technology environment including the business systems, infrastructure and communications and data
2. Interview staff to understand the critical business processes supported by the systems and create a system/process migration plan including identifying the related risks within a risk mitigation plan
3. Review system documentation and consult with IT and external vendors where required to determine feasibility of migration options
4. Review contracts and service agreements related to use of the software, hardware and other hosting services
5. Assess feasibility of options for support and transition including a transfer of IT operations and staff to acquiring organization (as needed)
6. Summarize initial findings, migration plan risks and issues
7. Draft a report and review; clarify factors that may influence the Operational and Systems Transition phase
8. Update and expand on the key steps required to transition the technology and review with IT and business managers
9. Develop a Operational and Systems Transition Plan based on key milestones and other dates
10. Prepare and review the Operational and Systems Transition Plan with Management
Operational and Systems Transition Phase
1. Execute the Systems Transition Plan (see 10 above) by coordinating the tasks, responsibilities and milestones
2. Document status and communicate with Senior Management Team
3. Address issues as they arise.