EY put out a piece in May 2021 entitled “How to consider export control in your due diligence process”.  The piece states, among other things:

“Together, due diligence and effective controls can protect your investment and provide dividends long after the purchase is concluded.  A thorough understanding of the seller’s export control environment can reveal avenues for applying the necessary controls swiftly.  Additionally, open communication among parties involved with the transaction provides an opportunity to discover leading practices in export compliance, increasing the efficiency of your export organization.  Remembering to consider export control during M&A quite simply provides the peace of mind that a costly surprise is not just hiding around the corner.”

Read the full piece here.