NEW YORK, Sept. 12, 2016 /PRNewswire/ -- Deloitte recently launched iDeal — an integrated system of M&A analytics tools, processes and techniques — for exclusive client use. iDeal helps companies and M&A professionals extract deeper, more meaningful insights from a potential target's data to deliver faster answers, real-time insights, and improved efficiency and effectiveness through every M&A phase.
The development of iDeal comes on the heels of the "Deloitte M&A focus on: Analytics" survey, where 68 percent of respondents reported already using data analytics in some portion of their M&A process, with 40 percent considering it a core component of their deal procedures. The survey also found that some of the most valuable stages of incorporating analytics in the M&A lifecycle included due diligence (42 percent) and transaction execution (40 percent). There continues to be an increase in companies turning to data analytics as a key to M&A decision making, providing important insights about financials, customers, markets, sales, cost saving opportunities and personnel.
"Working on major deals around the world has taught us that data analytics are becoming a mainstay in the M&A toolkit, but still a competitive advantage for those doing it well," said Andy Wilson, partner, Deloitte & Touche LLP, in Deloitte's U.S. M&A services practice. "iDeal digs deep into the data and uncovers the issues that traditional financial diligence may not address."
iDeal will initially be available for use by Deloitte clients in the US, Canada, UK, Japan and Australia. Availability in additional countries will expand through 2017.
About Deloitte M&A Practice
Deloitte advises buyers, sellers and private equity investors throughout the entire M&A deal lifecycle from strategy development to selecting the right partner and from conducting pre-deal due diligence to closing the transaction. Throughout the integration process or through a divestiture, Deloitte aligns its services to help clients address their transactional and integration needs, all with the goal of building value for our clients.
As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Contact
Shelley Pfaendler
Public Relations
Deloitte
+1 212 492 4484
[email protected]
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SOURCE Deloitte
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