NYPEN - Addressing IT Issues Across the Entire Investment Cycle
Invitation Link: http://guest.cvent.com/i.aspx?4W,M3,9ac2231b-412a-4ce5-9248-c00ec920270d
The New York Private Equity Network (NYPEN) is pleased to invite you to a seminar on Addressing IT Issues Across the Entire Investment Cycle.
Presented by: Steve Deedy, Jay Marshall and Jeff Boston, Managing Directors, IT Transformation Services practice, AlixPartners LLP.
*Date: Monday, November 26, 2007
*Time: 7:00 pm - 8:30 pm (followed by cocktails)
*Location: Yale Club, 50 Vanderbilt Avenue, New York, NY
Information technology: It’s probably not the first issue that comes to mind when you’re looking at an acquisition, integration or at maximizing value in an existing portfolio company. But, IT should definitely be on your short list. At a time when IT departments spend 70% to 80% of their budgets just trying to keep existing systems running—and with firms as diverse as Hershey, Nike, Hewlett-Packard and Foxmeyer Drug all having experienced well-publicized ERP disasters in recent years—it stands to reason that IT can, all by itself, bleed your next deal and/or erode value in your portfolio companies.
How can you make sure IT becomes a friend, not a foe, at each step of the investment lifecycle—from diligence … to acquisition … to the first 100 days … to integration? What are the exact Where?, When? and How? of taking out IT costs? What’s the best IT model—“cloning,” “purchased services,” “new environment”? And, how can IT be leveraged in and across deals? After hearing this presentation, you’ll never look at IT the same way again.
AlixPartners is a global restructuring, consulting and financial advisory firm. The firm has offices in Chicago, Dallas, Detroit, Düsseldorf, London, Los Angeles, Milan, Munich, New York, Paris, San Francisco, Shanghai and Tokyo. It is on the Web at www.alixpartners.com.