KPMG Compliance Consulting for M&A Due-diligence process (sell side)
February 10, 2022

KPMG Compliance Consulting for M&A Due-diligence process (sell side)

Lonnie deMarco | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with KPMG Compliance Consulting

KPMG was brought in for a payroll and HR Compliance audit when the fintech startup I was working for was going through an acquisition/sale process. I was involved with providing payroll, payroll tax, personnel, benefits, and other human resources and additional financial data to KPMG for their due diligence process for the buyer.
  • Thoroughness of due diligence
  • Properly resourced for quick execution of deliverables
  • Attention to detail
  • Ensuring that questions asked are relevant to the situation/project
  • Project teams could do a bit more KYB (Know Your Business) prior to engaging with business teams
  • Communications could be more streamlined and summarized
  • execution oriented
  • attentive to details
  • thorough analysis
  • KPMG allowed for quicker turn around on our diligence checklist
  • KPMG provided a 3rd party vetted interpretation of business numbers and processes, so both sides of the transaction felt comfortable
  • KPMG was able to provide additional analysts and resources as needed to ensure timeliness on project deliverables.
KPMG was selected by the buyer but we did have input to and agree with the decision. I do know they also looked at Deloitte Compliance Consulting for the same project scope. I'm unaware if KPMG was chosen over Deloitte due to a pre-existing relationship or a budget/resourcing reason. There was a RFP process that was run by the buyer.

Do you think KPMG Compliance Consulting delivers good value for the price?

Not sure

Are you happy with KPMG Compliance Consulting's feature set?

Yes

Did KPMG Compliance Consulting live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of KPMG Compliance Consulting go as expected?

Yes

Would you buy KPMG Compliance Consulting again?

Yes

KPMG Compliance Consulting is well suited for project based audit work, project based implementation work, or buy or sell side compliance audits for Mergers and Acquisitions. The team I worked with was excellent on the financial side of the Human Resource discipline (ex. ensuring payroll taxes were applied and collected correctly), but did not seem as strong around benefits compliance as I was expecting (ex. asking questions of us that are only appropriate for Corporations of 100+ people, etc).