Buy-Side Due Diligence

Buy-Side Due Diligence

Buy-Side Insights for Your M&A Every Step of the Way

Buying a business is never easy, but we remove the uncertainty for you by digging deeper and distilling down volumes of financial data to provide you more relevant information about target companies. We challenge the financial information and justification provided by target company management, giving negotiating leverage to you about issues even target company management may not be aware of or doesn’t understand. Our team’s deep experience, flexibility and responsiveness ensures the most comprehensive and relevant advice is delivered to you when you need it.

Our buy-side due diligence approach includes the following:

  • Assess the quality of earnings and quality of assets
  • Perform “carve-out” due diligence
  • Evaluate projections relative to historical performance and plan
  • Analyze key business drivers, profitability trends, and concentrations of risk
  • Evaluate cost structure (including fixed versus variable cost analysis)
  • Assess on and off balance sheet assets and liabilities
  • Analyze net working capital and net debt considerations
  • Analyze cash flows
  • Evaluate accounting policies and consistent application of Generally Accepted Accounting Principles (GAAP)
  • Advise on the purchase and sale agreement, including working capital mechanisms and representations and warranties related to accounting topics and earn-out structuring
  • Assess post-close adjustments and other purchase price mechanisms

Mark Coleman

Managing Director