NEW YORK, NY - Corsis (www.corsis.com) the revolutionary new technology scoring application that provides companies with an objective way to visualize the health, risk and opportunity within their technology operations, announced this week that it has won two prestigious M&A awards. Acquisition International magazine named Corsis the 2016 Best Due Diligence Provider - USA as well as the 2016 Best Private Equity Due Diligence Provider - USA & 2016 Best Proprietary Due-Diligence Tool. These honors represent the fourth year in a row that Corsis has won similar awards for its excellence in providing technology due diligence solutions.
“We are very pleased to once again be recognized by Acquisition International and the global investment community for our technology assessment products and services,” said Corsis CEO Gregg Alwine. “Receiving this award validates the years of investment and hard work building a game-changing method for evaluating a company’s information technology operations.”
Corsis combines IT assessment, compliance, and risk management activities into one powerful SaaS tool that replaces traditional due diligence and IT consulting models. Corsis is particularity applicable to the buy-side and sell-side due diligence process. It was initially developed to provide private equity firms, venture capital companies and other investors with the decision-making tools necessary to identify risks and opportunities within the technology and operations of target investments. More recently, Corsis has been expanded to provide Healthcare, eCommerce, Media, Publishing and many other types of companies with the operational controls and visibility needed to manage risk and maximize the asset value of their technology operations.
“We have seen a significant increase in M&A activity over the past year as investors focus more on the technology and compliance component of their deals,” said Alwine. “As recipient of this global award, it’s truly a great confirmation of our product offering.”