Transaction Services

The concept of our financial due diligence services - whether buy-side or sell-side - is a detailed and systematic analysis of data from the target company in order to obtain an overall picture of the company in connection with the deal. In particular, we emphasize the identification and assessment of value drivers, risks, and opportunities when reviewing assets, liabilities, financial position, and results of the target company.

It has become increasingly common for sellers to initiate a financial due diligence (vendor due diligence or VDD) of the company as part of the preparation for the sale process. Once the vendor presents the VDD report to the buyer, the buyer is required to carry out only limited additional due diligence. This optimizes the value for the seller and improves the quality and execution of the sales process.

Turn to us for deal advice on managing risks, taking advantage of opportunities, and achieving your desired results.

Our Tech M&A services support Private Equity investors and corporates across the full deal lifecycle in the Nordics, with seamless access to KPMG’s European deal, industry expert and technology skills network. We deliver a clear, deal‑driven view of how technology and IT impact value, risk, and execution, supporting investment decisions, purchase price adjustments, and robust SPA negotiations.

We provide buy‑side and sell‑side Technology DD, IT DD, and Cyber Security DD, tailored to both PE and corporate transactions. Our approach translates technical findings into commercial outcomes, purchase price adjustments, inputs to CPs, representations & warranties, W&I insurance, and a fact‑based view on post‑deal value creation.

Our value‑add approach focuses on identifying price‑relevant risks and opportunities across technology platforms, IT operations, cyber resilience, cost and investment assumptions, and scalability, always anchored in the investment thesis and deal context.

Potential components of our Tech and IT DDs are:

• Robustness, scalability and quality assessments of technology products, including architecture, tech stack, infrastructure, IT landscape, cyber security, etc.
• Investigation of technical debt items and IT risks
• Identification of growth and scalability potential and inhibitors

ESG has become a top priority - regulators, consumers, investors, and employees place an increasing focus on ESG, affecting businesses worldwide. Correspondingly, ESG is becoming a critical aspect in M&A processes across sectors, and M&A deals are increasingly influenced by ESG criteria.

Key reasons to include an ESG due diligence in your next M&A process:

• Assess Target’s alignment with Buyer’s ESG strategy and approach

• Identify and assess direct deal value implications (e.g. EV and net debt adjustments) or ESG topics to be addressed in the SPA.

• Identify and evaluate sector-or asset-specific ESG opportunities of Target to drive future value creation.

Navigating the complexities of mergers, acquisitions, or divestitures requires expert guidance and a tailored approach. At KPMG, our Integration & Separation team delivers strategic insights and solutions to help you maximize value and achieve your objectives during these critical transitions.

Integration: Successfully combining organizations requires a structured approach to unlock synergies and achieve strategic goals. Our team works closely with you to align operations, integrate cultures, and harmonize technologies, creating a unified organization. By partnering with your team, we ensure a smooth transition, minimize disruptions, and optimize processes to drive long-term success.

Separation: Divestitures require careful planning to safeguard value and maintain business continuity. We assist in disentangling operations, managing stakeholder communications, and ensuring compliance with regulatory requirements. Our systematic approach positions the separated entity for sustainable growth while minimizing disruption.

With deep expertise and a global perspective, KPMG’s Integration & Separation services are designed to enhance deal outcomes and deliver lasting value. Partner with us to navigate your next transaction with confidence and success.

IT Integration and Separation: Successful transactions require disciplined execution of IT carve‑outs and IT integrations to protect deal value and ensure business continuity. Our IT Integration & Separation services focus on planning and delivering pragmatic solutions that work under transaction timelines.

We support end‑to‑end IT workstream delivery from pre‑close planning to Day‑1 readiness and post‑close stabilization, addressing complex dependencies such as TSA design and exit, data and system separation, application rationalization, infrastructure migration, cost adjustments and target operating model (TOM) implementation. Our hands‑on approach manages transaction risk, accelerates speed‑to‑synergy, and enables a controlled transition to the future state.

Technology is a core value driver in I&S. We prioritize secure Day‑1 operations, rapid stabilization of critical systems, and clear roadmaps for separation or integration, balancing execution certainty with longer‑term value creation.