M&A Advisor Tip: M&A in a Virtual Environment

Due to ongoing concerns over coronavirus, virtual meetings will continue to replace most of the in-person meetings typically held between a buyer and a seller at some stage in the business sale/acquisition process.

When selecting an M&A advisor, be sure that they can help you best present your business in a virtual environment and run effective remote team meetings. And ask about their investment in virtual deal room technology. Virtual deal rooms store sensitive information, track user access, and streamline the due diligence process. It’s good protection for you, and it’s valued by experienced buyers who expect to work with efficient, organized, tech-savvy teams.

For further information on technology used in business sales and acquisitions, or to discuss a current need, contact Al Statz, 707-781-8580 or alstatz@exitstrategiesgroup.com.