Selling a business can be a complex process, and potential buyers will scrutinise every aspect—including your technology, data, and operational systems. At North Signal, we help businesses prepare for sale by auditing critical areas such as data compliance, cybersecurity, application ownership, and IT processes. We then provide actionable recommendations and support to implement changes that reduce risks and increase business value.
Why IT Readiness Matters
When a business is being considered for acquisition, the acquiring company will conduct detailed due diligence. They are looking for potential risks that could affect the transaction or reduce the valuation. IT-related issues are often overlooked but can be deal-breakers if not addressed. Common concerns include incomplete data records, insecure systems, unclear software ownership, and poorly documented processes.
A thorough IT audit helps identify these gaps before a buyer does. By addressing them proactively, you improve your business’s attractiveness, reduce perceived risk, and increase the likelihood of a smooth sale.
Key Areas We Audit
North Signal’s acquisition readiness audit focuses on several critical areas:
1. Data Compliance: Ensuring customer and employee data is managed according to GDPR, PECR, PCI DSS and other regulations.
2. Cybersecurity: Assessing system vulnerabilities and recommending measures to protect business and customer data.
3. Application Ownership: Verifying licenses, subscriptions, and responsibilities for all business applications.
4 Operational Processes: Reviewing IT procedures to ensure they are documented, repeatable, and scalable.
After the audit, we provide a clear roadmap of recommended changes, prioritising actions that will most reduce risk and improve your business’s value. We can also assist in implementing these changes, ensuring the business is fully prepared for acquisition.
Risks for Acquiring Businesses
Potential buyers are looking to mitigate risk. If IT, security, and compliance issues are discovered during due diligence, they may request price reductions, delay the sale, or even walk away. By proactively addressing these areas, you minimise the risk of renegotiation and demonstrate that your business is well-managed and reliable.
Benefits of Preparing Your Business
A business that is prepared for sale shows professionalism and reduces friction during the transaction process. Buyers are more confident when systems are organised, data is compliant, and IT risks have been addressed. This preparation can directly impact the sale price and speed of the transaction.
How North Signal Can Help
At North Signal, we specialise in helping businesses in Manchester and beyond get acquisition-ready. Our expert team can audit your IT environment, identify risks, provide actionable recommendations, and support implementation. With our guidance, you can approach a sale with confidence, knowing your business is well-prepared for scrutiny by potential buyers.
Contact us today to discuss how our acquisition readiness audit can protect your business value and make your business attractive to buyers.
North Signal 