Due diligence

  • Financial due diligence prior to an acquisition
  • Critical review of the available financial information (public information, data room, VDD, etc.)
  • Detailed investigation on site or in close liaison with management
  • Review of price adjustment clauses

Vendor due diligence (VDD)

  • Preparation of a vendor due diligence report (VDD) presenting the company’s financial situation
  • Preparation of responses to questions posed by potential investors and their advisors
  • Preparation of specific analyses under the responsibility of management (vendor assistance)
  • Preparation of data rooms and/or data packs
  • Review of price adjustment clauses

Agreed procedures and financial analyses

  • Diagnosis of a company’s financial situation or activity on behalf of a shareholder or management
  • Review of the estimation of potential synergies in the context of a group merger
  • Review or drafting of business plans for an activity, company or group
  • All certifications of a financial nature

Independent Business Reviews (IBRs)

Review of a company’s financial position as part of debt refinancing for profitable activities (review of loss-making activities carried out by the Restructuring team)
Review of business plans and forecast cash flows
Modeling of the impact of refinancing impact on cash flows and bank covenants

Preparation of carve-outs

  • Determination of pro forma accounts according to the scope of the transaction (with Eight Advisory & Associés)
  • Definition with the Transformation team of the various stages allowing the business to stand alone
  • Estimation of costs and investments related to the business standing alone

Business cases

Acquisition due diligence as part of a takeover bid for a listed group

Review of the financial terms of the sales contract – Calculation of the additional price

Vendor Due Diligence in the context of a tertiary LBO

Independent Business Review (IBR) of a group undergoing an LBO

Vendor Due Diligence / Vendor Due Diligence Assistance