When two companies come together in a merger or acquisition, it’s essential that they undertake a due diligence process. This process is designed to protect both parties, ensuring that all the necessary information is collected and analyzed prior to a final agreement being made. The due diligence process involves an extensive review of all relevant financial, legal, and operational records of the company being acquired. This allows both sides to understand any potential risks associated with the deal, enabling them to make more informed decisions. The due diligence process can also help identify areas of potential cost savings and synergy opportunities throughout the transaction and beyond. In essence, due diligence is the systematic evaluation of a potential business deal – providing knowledge and assurance for today and peace of mind for tomorrow.