2019’s technological climate manifested by the daily pursuit of increasing, streamlining, and maximizing effort is apparent in every industry from small business food trucks utilizing handheld, portable Point of Sales devices, to Fortune 500 companies employing top of the line software developed for specific use within the company. It is without a doubt completely unavoidable, Private Equity sector is no exception.
Forget the seemingly endless back and forth correspondence, unsustainable spreadsheets, and multiple data platforms of old that have been prevalent in the dealings of Private Equity, technology notwithstanding, as the time has come for a comprehensive solution that delivers regardless of demand.
The road to a successful merger and acquisition process, for both sellers and buyers, is arduous and full of bumps, twists and unexpected hazards. It’s all-hands-on-deck for both sides and their legal, HR, marketing/sales, and accounting departments, as well as key team leaders and management.
If you’ve never taken this road before, there’s a number of steps and obstacles that need to be considered. This merger and acquisition checklist will act as your roadmap to navigating the complex process and steps yet to come.
Data breaches are the bank heists of the Digital Age. Yet, they inflict much more widespread damage, dread, and chaos. Their impact is felt both immediately and in the long term. Companies targeted by data breaches can lose as much as 3% of their market value as a result. In some cases, data breaches are only identified weeks, sometimes months or years, later, which gives cybercriminals unfettered access over a long stretch of time.
Each year, the Identity Theft Resource Center compiles a year-to-date tally of “confirmed” data breaches affecting US companies and consumers. This report largely solidifies what we already know: data breaches are rampant. The YTD total for breaches in 2018 (up to September, 30) was 932, for a total of 47.2 million known records reportedly compromised.
SmartRoom, the leading global virtual data room provider and the pioneering search and discovery platform Nalytics, announce a strategic partnership that will integrate the two technologies.
The integration will allow SmartRoom users to utilize Nalytics to undertake challenging information search and discovery tasks with speed, precision and ease, as well as use Nalytics’ Artificial Intelligence (AI) technology to automate file review and analysis – significantly reducing the time involved in the due diligence process.
Los Angeles, CA, December 19th, 2018 – The M&A Advisor announced the winners of the 13th Annual Turnaround Awards on Thursday, December 20th. SmartRoom was named a winner for the Information Management Service of the Year. The awards will be presented at a Black Tie Gala on Thursday, March 28th at The Colony Hotel, Palm Beach, FL.