Due Diligence

Due diligence is an investigation into the affairs of a business before its:

• Acquisition
• Disposal
• Flotation
• Re-financing
• Re-structuring or
• Other similar transaction

The Corporate Finance team aim to provide comfort to an investor, acquirer or lender regarding whether a company will generate the cash ad profits projected by the existing or incoming management team.

In general, our approach typically includes:

• Analysis and commentary on the historical trading, balance sheet and cash flows
• Trends in reported results and underlying profitability
• Analysis of normal levels of working capital
• Identification of debt and debt-like items
• A review of the target business’ projections and the assumptions used
• A review of the target’s tax position

To conclude, we have a proven track record in providing due diligence support to a number of recent, high profile transactions. Furthermore, we have worked on behalf of a different organisations including:

• Privately owned companies
• Listed companies
• Private equity / venture capital
• Banks