IT SCARED AWAY POTENTIAL COMPANY BUYERS 

Wiggle was considered an example of e-commerce done well and thoughtfully.  But parent company Signa Sports United (SSU) hit trouble in 2023 and was unable to find a buyer as their operating fixed overheads including IT scared away the 24 potential buyers that parties that signed non-disclosure agreements, including the 7 that met with management.  Resulting in 1 acquiring “certain business intellectual property” which underlines the notion that the deal-breaker was IT.

Whether you’re scaling your business, preparing for an investment round, making an acquisition or expanding your organisation’s own investment portfolio, it’s essential to understand the risks and bottlenecks around growth and expansion. 

Our team of experienced professionals has the knowledge and expertise to provide objective and unbiased opinions on all technology. When it comes to choosing a company to buy or work with, due diligence is essential.   If you want to know more visit https://businesstechnologyleaders.com/soln/audit/ or contact me ([email protected]) today for a confidential and impartial discussion on how we can add value to your business.