The letter of intent (LOI) is an important step in most M&A transactions. The LOI allows buyers to signal that they’re serious about a potential deal and to make sure that their vision lines up with the seller’s before they spend significant resources on a full due diligence process.   Here are the ...

Is technology in the early innings of fully automating the M&A banker?  Earlier this year, CB Insights put out a 45-page report titled Killing the I-Bank. This topic seems to gain a few attention-grabbing stories each year (see here, here, and here). The CB Insights report details the ways in which ...

Buying a business is a complex proposition. There are dozens of considerations, tangible and intangible, that must be taken into account when evaluating whether a transaction is a good fit. Due diligence is the process by which buyers attempt to dig into all these factors before signing off on a deal. In this ...