The technology and new media industries were founded by innovative visionaries. But turning big ideas into successful businesses requires expertise– whether preparing for a capital raise, capital transaction or negotiating a complex deal structure. CohnReznick provides tax, compliance, transaction planning, and innovation services that drive growth and competitive advantage.
EMERGING TECHNOLOGY AND MEDIA EXPERIENCETechnology is a diverse industry that is continually expanding. CohnReznick is a first mover. From the early days to newly-formed paradigms, we have been at the forefront in serving a wide array of technology sectors like software, cloud, mobility and data analytics.
SPANNING THE COMPANY LIFE CYCLEOur services are scalable and designed to support the industry spectrum – from start-ups to established companies – in raising capital, pursuing a merger or acquisition, going public, or planning an exit.
TECHNOLOGY-FOCUSED TEAMTo best serve the complex business needs of the industry, our specialized Technology Industry Practice is led by CohnReznick partners who have extensive technology industry experience. As active participants in all engagements, they have specific knowledge in the challenges associated with sustaining growth and accessing capital.
INDUSTRY INVOLVEMENTWe are active participants in technology trade associations and professional organizations and leverage our trusted, long-standing industry relationships to better serve our clients. We regularly publish insights and articles on market trends in the industry and are sought out for our commentary on the financial outlook of a variety of segments within the industry.
CohnReznick’s integrated accounting, tax, and advisory capabilities are essential to technology and new media companies as they start up, develop proof-of-concept, attract investment, mature, and evolve. We offer services designed specifically for the industry:
Innovative Digital Solutions
Many technology companies have difficulty monetizing their offerings and establishing meaningful market share. CohnReznick provides digital innovation, data analytics, cybersecurity, and other advisory services to help companies improve business and financial performance, boost profitability, and attract investment.
M&A and Capital Transaction Support
We help technology and media companies strengthen their businesses in advance of a deal or capital transaction. Whether on the buy or sell side, we guide them through each phase of the deal process – from strategic assessment of targets through structuring, due diligence, valuation, and integration.
Tax Planning and Compliance
As technology companies grow, the tax consequences for these companies – and their founders – often grow as well. CohnReznick provides a range of strategic tax planning, structuring, and reporting services to maintain compliance and minimize obligations. Through tax due diligence, international tax and transfer pricing services, tax credit advisory, and state and local nexus planning, we help company owners and their businesses keep more of the income they generate through responsible, proactive tax planning.
Media and Entertainment Credits
Most states offer lucrative state tax credits or other incentive programs to attract movie production and distribution businesses as well as other media and entertainment companies. With an in-depth understanding of production tax credits and digital media and motion picture tax incentives, we help producers and studio executives assess the tax implications of potential production locations. We develop pre-production tax planning strategies in conjunction with state economic development agencies, implement a compliance program, prepare cost certification reports, and help monetize tax credits earned.
To secure revenue streams, enforce rights, and discharge responsibilities, CohnReznick’s dedicated group of internal audit professionals help clients enforce royalty agreement provisions and comply with royalty reporting requirements. To further minimize the risk of under reporting royalties, we help clients improve their controls by reviewing their monitoring mechanism and compliance programs.
In industries like the pharmaceutical middle market, maintaining compliance with the clauses in licensing agreements – and strategically managing these agreements – are vital to business success. Our professionals advise clients on a range of licensing agreement issues, helping them reduce development time and licensing costs, and accelerate a product’s entry into the marketplace.
8th Annual Liquidity & Capital Raising National Forum