Mergers and Acquisitions • Seven Hills Technology

Mergers and Acquisitions

Congratulations – mergers and acquisitions are an exciting time in business and life. With the new opportunities and ways to grow, M&A’s create tons of problems as far as integrating the two organizations. Are you prepared to complete your M&A from a technology standpoint?

Congratulations – mergers and acquisitions are an exciting time in business and life. With the new opportunities and ways to grow, M&A’s create tons of problems as far as integrating the two organizations. Are you prepared to complete your M&A from a technology standpoint?

M&A’s and Technology – What goes into it?

There are several “gotchas” when it comes to bringing two or more organizations together.

Integrations

The organizations involved in the merger will likely have different systems, procedures, and data. It’s critical to a smooth transition that these systems can be integrated if they are unable to be consolidated. If data isn’t consistent across your organization, you’ll be playing from behind.

Click here to learn more about integrations.

Licensing

Licensing gets complicated as it is often baked into contracts. When merging with or acquiring another organization, licensing for different software and components should be a high-priority item to manage. If you’re not careful, your licensing costs may skyrocket.

Data Consolidation

With disparate systems, different locations, and different procedures, data consolidation can be a major rabbit hole during M&A’s. When trying to plan data consolidation during an M&A, we recommend creating a visual map of the different systems, what they contain, and how they “talk”. From there, focus on creating simple, repeatable processes for consolidating data. It will be easier to manage once the project gets going.

Security

It’s impossible to harp too much on security. It’s often the most neglected and the most impactful part of your technology. The organizations involved in the merger or acquisition will have different security models, different ways of handling sensitive data, and different opinions on what is the correct way forward.

The most important part of security when working through an M&A is picking a process, security model, and then having an external set of eyes audit both organizations. This way, you can take bias out of the way and focus on the best way to move forward.