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Data Quality in M&A: The Hidden Liability Nobody Talks About

Integration projects fail because of data, not technology. In our experience, data quality issues add 30-50% to integration timelines and budgets. Yet data quality assessment is often an afterthought in technical due diligence.

Why Data Quality Matters in M&A

Every integration plan assumes data will flow from the acquired system to the buyer's systems. Customer records will merge. Products will synchronize. Financial data will consolidate.

These plans fail when:

  • Customer records have inconsistent formats, duplicates, or missing fields
  • Product data doesn't map to buyer's taxonomy
  • Financial data has unexplained discrepancies
  • Historical data is incomplete or corrupted

The Data Quality Assessment Framework

1. Completeness

How complete is the data?

  • What percentage of required fields are populated?
  • Are there systematic gaps (e.g., no data before a certain date)?
  • How are missing values handled?

2. Accuracy

Is the data correct?

  • Do values fall within expected ranges?
  • Do relationships between fields make sense?
  • Can accuracy be validated against external sources?

3. Consistency

Is the data internally consistent?

  • Do the same entities have consistent identifiers across systems?
  • Are formats standardized?
  • Do aggregations match detailed records?

4. Timeliness

Is the data current?

  • When was data last updated?
  • Are there stale records that should have been updated?
  • What's the data freshness for key entities?

5. Uniqueness

Is there unwanted duplication?

  • What's the duplicate rate for key entities?
  • How are duplicates currently handled?
  • What's the impact of duplicates on analytics and operations?

High-Risk Data Areas

Customer Data

Customer master data is critical for integration. Common issues:

  • Duplicate customer records (average: 10-15% in most systems)
  • Inconsistent naming conventions
  • Missing or invalid contact information
  • No clear golden record when customers exist in multiple systems

Product Data

Product and pricing data integration challenges:

  • Different product hierarchies that don't map cleanly
  • Historical pricing data gaps
  • SKU proliferation and rationalization needs

Financial Data

Financial data quality issues that impact close:

  • Revenue recognition inconsistencies
  • Chart of accounts mapping challenges
  • Inter-company transaction complexity

Quantifying Data Quality Impact

Data quality issues have real costs:

  • Integration delays: Each major data quality issue adds 2-4 weeks to integration timelines
  • Remediation costs: Data cleansing and normalization projects typically cost $100K-$500K
  • Ongoing operational costs: Poor data quality creates ongoing manual work and errors
  • Analytics impact: Unreliable data means unreliable insights and decisions

Case Study: The Customer Data Disaster

A strategic acquirer purchased a competitor to consolidate customer relationships. The integration plan assumed a 6-month customer migration timeline.

Reality:

  • 42% of customer records couldn't be matched automatically
  • Customer contact data was 3+ years out of date for 30% of accounts
  • Contract terms were stored in unstructured notes, not standardized fields
  • Revenue attribution was inconsistent between CRM and billing system

The 6-month integration became 18 months. The data remediation project alone cost $800K. Three major customers were lost during the confusion.

A proper data quality assessment would have identified these issues pre-close, enabling realistic planning and appropriate purchase price adjustment.

Key Takeaway: Data quality assessment should be a core component of technical due diligence. Profile key data entities, quantify quality issues, and factor remediation costs into your integration planning and valuation.

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