SOC Reporting Assisted in Acquisition

Posted on May 9, 2013

One of our technology industry clients provided services that were financially significant to their customers and as such, their customers required a SOC 1, Type 2 report to be completed.   Our client’s rapid growth and excellent client service model positioned them as a strong target for acquisition.  The SOC 1 report (formerly SAS 70) that we performed made a good impression with the acquiring company and helped solidify a favorable deal for the business owners.