Even with the pandemic initially bringing so much uncertainty and seeming to halt certain sectors of the economy, such as hospitality, transportation and commercial real estate, merger and acquisition activity rebounded by the end of 2020 and is on track for an even more robust 2021. Despite a slowdown in dealmaking in the second…
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In the business and financial sectors, particularly in the milieu of M&As and related types of transactions, two terms that are commonly used are “due care” and “due diligence.” Although similar sounding, these two phrases are not interchangeable, and knowing the difference between them is paramount. In the course of corporate work in the…
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Cybersecurity breaches have become all too common. Incidents of malware, ransomware, trojans and phishing have all spiked at unprecedented rates, with attacks becoming more sophisticated, more coordinated and, when they strike, more devastating to companies than ever before. The security of your most important digital documents should be the last bastion in any organization’s…
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With cloud storage becoming the standard in file storage and the uptick of cyberattacks in the last year or so, a debate is now emerging between using a public cloud, a private cloud or even a hybrid cloud, which combines both. Most of this is, of course, due to the COVID-19 pandemic, with record numbers…
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In the business world, it seems that the only constant is change. Companies are spun off, divided, merged, bought and sold, and all of these transactions fall under one of the definitions of mergers and acquisitions. Mergers and acquisitions (M&As) is a blanket term that describes the takeover of one company by another. There…
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A prospective company will conduct commercial due diligence in order to fully understand the commercial or economic activity of the target company it is interested in acquiring. More than just a review of the target company’s sales or revenue, commercial due diligence delivers complete insight into market demand, competition, operations and all factors that…
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Interoperability in healthcare refers to how different software and data storage systems, including the customer relationship management systems, content management systems, and even billing systems work together in a compatible and secure way. Interoperability in healthcare systems not only help ensure HIPAA compliance for medical providers and their business associates, but can also lead to…
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With telehealth on the rise due to the pandemic, HIPAA-compliant file sharing and HIPAA-compliant cloud storage have never been more important. The CDC stated that 95 percent of health centers reported using telehealth during the COVID-19 pandemic, up from 43 percent in 2019. But it’s not just organizations that deploy telehealth services that require…
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Considering the constant exposure we have to email-based security breaches, like spoofing, phishing, malware and ransomware attacks, you might think that email encryption has become a standard implementation for most companies and email platforms — well, think again. Most platforms today do support encryption, but it’s up to you — or your system admin —…
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A merger or acquisition is one of the most complex of corporate transactions, requiring the target company to assemble and present for review of hundreds of documents detailing the company’s assets and liabilities. The “sell-side” of a mergers and acquisitions (M&A) transaction describes the deal process from the perspective of the seller and the seller’s…
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