Financial due diligence
Test the target's numbers, secure the investment decision and support the valuation.
- Quality of earnings and adjusted EBITDA
- Net debt and debt-like items
- Normalised working capital and cash conversion
- Business plan review
Buy-side, sell-side or in defence of an offer, on small and mid-cap deals. Every engagement is led by a partner and built around the questions that drive the price.
Test the target's numbers, secure the investment decision and support the valuation.
Prepare and structure the sale, give buyers a reliable view of the business and keep control of the process.
Respond to an unsolicited offer with a clear view of value and of the points a bidder will push on.
Focused work when the deal needs a specific answer, fast.
Our work does not stop at the report. We stay on the deal until the price is agreed and the numbers are in the contract.
Vendor due diligence, vendor assistance, data pack and data room.
Historical performance, adjusted EBITDA, working capital, net debt, cash flow and business plan.
Investor Q&A, current trading, locked box or completion accounts mechanism.
Price adjustment clauses, definitions of net debt and working capital, warranties.
Completion accounts, earn-outs, integration and follow-on build-ups.
Tell us about the transaction. A partner will get back to you within 24 hours, in confidence.