Ernst & Young Survey - "IT as a driver of M&A success"
Together with Mergermarket, Ernst & Young surveyed 220 senior corporate and private equity executives about the challenges and risks that IT can present in the transaction process.
Key highlights from the survey include:
* 47% say in retrospect that more detailed IT due diligence could have prevented value erosion. * 62% of corporate and 78% of PE respondents say they did not put a significant emphasis on IT as part of their approach to transactions. * 20% of respondents recognized IT as one of the most challenging areas to deal with post-transaction.