Hewitt Releases M&A Tool

April 23, 2003 (PLANSPONSOR.com) - Companies in the midst of an M&A deal may benefit from a new service from Hewitt Associates.

Called Hewitt Data Acquisition Services (DAS), the company said the new offering allows negotiating companies willing to open their records to one another to create a pro forma view of the proposed merger organization before a formal agreement is signed.

By providing a common platform on which companies can quickly pull together and analyze information from a variety of sources, companies can more thoroughly perform due diligence and carry out post-merger integegration, Hewitt said. In the past, companies either burdened their IT departments to create large data mart or data warehouse projects or were forced to comb through records manually.

Companies using DAS will be able to model across both organizations (before their IT systems are merged), create what-if scenarios to determine the impact of stock price changes or other variables, add and delete variables, select affected groups such as business unit or office location, create visuals, and refine information to the highest degree of detail, Hewitt said.