The analysis a transaction depends on.
Due diligence, valuation, and M&A advisory for buyers and sellers.
Circumstances that typically prompt an engagement.
A transaction places a company’s financial information under examination, frequently for the first time. The period between a signed letter of intent and closing determines whether the agreed price holds: what diligence identifies, how quickly those questions are answered, and whether findings are resolved or renegotiated.
A letter of intent has been signed
Exclusivity has begun and the diligence request list has been issued. Several workstreams open simultaneously, and responses must remain consistent across all of them.
A sale is one to two years out
Time remains to address add-backs, customer concentration, and accounting matters that a buyer would otherwise identify and price.
An add-on acquisition is under letter of intent
The investment thesis is sound, but no internal deal team is available to run diligence and the model alongside existing responsibilities.
A supportable valuation is required
A board, lender, or counterparty has asked what the business is worth, and the conclusion must withstand examination.
Three practice areas within transaction services.
M&A Transaction Advisory
End-to-end advisory across the deal lifecycle.
Explore → For transactions where the price rests on a reported earnings figure.Quality of Earnings
Independent analysis of the earnings behind a transaction.
Explore → For situations requiring a supportable view of value.Business Valuation
Defensible valuation supported by stated methodology.
Explore →The course of a transaction engagement.
Preparation
Financial records are cleaned up, add-backs are modeled, and matters diligence would otherwise identify are addressed. Remediation costs least at this stage.
Diligence
Financial, commercial, legal, operational, and tax workstreams proceed in parallel. We maintain the financial analysis and support the data room.
Structuring and close
Findings are translated into terms: the working capital peg, escrow, earnout mechanics, and disclosure schedules.
Transition
The opening balance sheet, the post-close true-up, and a finance function prepared to operate from day one.
Closing is not the end of the engagement.
Transactions are frequently underwritten by one team and operated by another, and value is lost in the gap between them. Our CFO services practice continues past close — the opening balance sheet, the working capital true-up, and reporting prepared ahead of the first board meeting.
Explore CFO Services →Related insights
More insights →Answer the two questions every owner starts with.
Let’s talk about what’s next.
No obligation — just a conversation. You’ll hear back from us directly, usually within one business day.