The meaning of due diligence is to ‘have a measure of prudence’ or to ‘perform a prudent
review’. In
an acquisition context, due diligence is generally described as a mixture of legal due
diligence and
financial due diligence which aims to verify the factual accuracy of financial claims made
by the
seller.
Financial due diligence in particular allows the buyer to assess all financial aspects of a
potential acquisition to determine what the benefits, liabilities, risks and opportunities
are. In
conjunction with other forms of due diligence, it is generally considered the best way to
ensure
what you pay is justified. It should also give you confidence that you as the buyer will be
able to
fulfil the value proposition a new acquisition presents.
OWe offer our clients with due diligence service with a view to provide a
clear
understanding of the business they plan to acquire. Our expertise extends beyond the
financial
information you provide, which enables you to make the best decision for your business.
Our consultants have the necessary skills and experience to help you with due diligence. Get
in
touch with us to receive a quote or to learn more about how we can help.