IT Due Diligence
Synthesis Technology Group, Inc. knows that the current state of the IT function is critical to assessing the true health of a business. IT often presents an untapped source of cost effectiveness as well as opportunities for improved operational efficiencies. By partnering with Synthesis, organizations can gain a clear understanding of the risks and opportunities present in the IT department and make strategic decisions that extract greater value from IT. Due diligence can be conducted as part of the M&A process, as a post-acquisition check point for a portfolio company, or for a fund's internal IT department.
Optimizing the Effectiveness of IT Operations
Synthesis enables organizations to maximize the efficiency and cost effectiveness of the IT function. Its highly skilled IT experts can work independently or in collaboration with the existing IT workforce to analyze and identify risks, and present opportunities. Synthesis' IT Due Diligence offerings and benefits to an organization include:
- Hardware: servers, workstations, auxiliary devices, telecommunications/wireless and specialty equipment
- Software: enterprise, middleware, industry-specific and custom-developed applications
- Network topology
- Intellectual property
- Technology capital expenditures
- M&A Due Diligence Process
- Post acquisition portfolio company management
- Business opportunity assessments
- Assessing a fund’s own internal IT function
Deep Expertise in IT
With more than 30 years experience delivering IT services and solutions to the financial services industry, Synthesis is an ideal expert partner either as a member of an M&A due diligence team, collaborating with or managing the process for the IT department of an existing portfolio company, or for a fund’s internal organization.
Business Know How
Operating in the financial services industry requires being accurate, comprehensive and highly efficient. Synthesis works quickly to understand the business context, and how that impacts and relates to the IT function. Its proven approach frees its clients from day-to-day management of the various IT project requirements, allowing them to focus on their business, portfolio companies and acquisition targets.
Delivery and Execution
Synthesis provides a full Due Diligence Review Report of the infrastructure, which details the current state of the IT function, outlines actionable recommendations for mitigating identified risks capitalizing on opportunities, and an executable plan for cost reduction. With a plan in place, Synthesis can join forces with the client or portfolio companies’ IT workforce to implement the plan, or stand in for the IT department managing the execution of the plan from start to finish.