I was wondering what was the consensus on use of in-house IT to perform DD or use a 3rd party to perform an IT DD. I was wondering as from my experience IT was a ‘afterthought’ and now we have IT person on the M&A Team that does this.
Earlier in our organization, the task for performing DD was outsourced to third party. Since they are outsiders, they had to consult with business function leaders to perform their job which was counter productive as these leaders couldn’t give them much of their time because of their busy schedules as they had their day job to support the business operations which resulted in half baked due diligence being performed by this third party and we saw all the issues that should have been addressed during DD coming up in PMI.
After that we have stopped using third party consultant and dd is performed by IT M&A team.