You have found a target but cannot test the numbers
Seller-prepared figures flatter the business, and it is hard to tell what is real.
How we fix itWe carry out financial due diligence, normalise earnings and identify the risks and adjustments.
Corporate Finance
M&A support and financial due diligence
Financial due diligence and deal support for buyers and sellers, so the numbers are right before you sign.
One working dayTypical reply time to every enquiry
Fixed feesAgreed in writing before work begins
FCCA-ledSenior, qualified oversight on every engagement
ConfidentialStrict confidentiality, NDA on request
Sound familiar?
The problems we are usually asked to solve
Deals are won or lost on the detail: normalised earnings, working capital, debt-like items, completion mechanisms and funding. Lawyers draft the contract, but someone must test the numbers underneath it. That is where we work, on your side of the table.
You fear overpaying
Without independent analysis, a good story can hide weak cash conversion or one-off profits.
How we fix itWe analyse quality of earnings and cash conversion and quantify what the business is truly worth to you.
The deal mechanics are confusing
Locked box versus completion accounts, working capital pegs, earn-outs and net debt definitions can swing the price.
How we fix itWe explain each mechanism and negotiate the financial terms that protect you.
You need funding for the deal
Lenders and investors want a structured model and a clear equity and debt plan.
How we fix itWe build the acquisition model and funding structure and prepare the lender pack.
What you get
- Buy-side financial due diligenceQuality of earnings, net debt, working capital and forecast review.
- Sell-side preparationVendor due diligence and clean-up to protect price through the buyer's process.
- Deal structuringShare versus asset purchase, earn-outs, deferred consideration and tax-efficient structures.
- Completion mechanicsLocked box and completion accounts, working capital targets and price adjustments.
- Acquisition modelling and fundingReturns analysis and debt and equity structuring.
- Post-deal integration financeOpening balance sheet, reporting alignment and a 100-day finance plan.
Best suited toAcquirers, management teams, private equity-backed groups and owners selling to a trade buyer.
The outcomeA deal priced on verified numbers, with terms that protect you after completion.
How it works
- ScopeWe agree the objective, timetable and the information needed.
- AnalyseWe test the numbers, value the business and identify risks and levers.
- AdviseWe present findings and negotiate with you on price, structure and terms.
- CompleteWe support completion, adjustments and the post-deal financial position.
Questions we are often asked
Do you work with lawyers on the deal?
Yes. We work alongside your corporate lawyers on the financial provisions of the share purchase agreement and flag issues that need legal drafting.
How long does financial due diligence take?
Typically two to four weeks for a smaller deal, depending on the quality of the data room and the complexity of the target.
Can you introduce me to targets or buyers?
We can work with M&A advisers and our professional network to identify counterparties, and we focus our own role on financial analysis and deal support.
Tell us what is on your mind. We will tell you honestly how we can help.
Send a short note. A senior member of the team replies by email, normally within one working day, and every first conversation is confidential.