With coronavirus causing unprecedented disruption to deals, time is of the essence. Those finding deals taking longer than they should risk lower valuations, and lower investor interest. This great article from CFO.com provides some best practices to make sure your deal gets done. There’s things like:
- Making sure communication is as clear as possible
- Listing any COVID-19 related changes that could impact the deal
- Preparing for virtual due diligence by investing in a data room
The article provides some key insights into what to expect and how to progress your deal in the current climate. See below for the full article link.