Fees, known in advance.

To the steps they cover. A standalone accounting valuation runs around €800; a structured acquisition audit, €6,000 to €10,000 for a small business (70 to 80 hours at current firm rates) and €12,000 to €25,000 for an SME. At those same stages, the preliminary review (€300 per target) includes the document review, the valuation note, and the structuring of the offer; the full analysis (€1,000 for an asset deal, €1,800 for a share deal up to €1M) covers the entire file, valuation and risks included. These analyses prepare and focus your advisors' audits and legal work: they do not replace them.

Because the work does: a larger share deal means a larger data room, more entities and contracts, deeper adjustments; the full analysis therefore follows two value bands. The preliminary review and the second opinion have a single price. Each flat fee is firm, confirmed before any engagement, and no fee is tied to the price or to the outcome of the transaction.

Prices are net of tax: VAT not applicable under Article 293 B of the French tax code (CGI). Nothing is added to the price shown.

The scope is framed case by case: multi-entity structures, audits coordinated with your other advisors, exclusivity timeline. A written proposal follows a first conversation, with no commitment.

They are used solely to analyze your file, under a confidentiality agreement. Access is restricted to the analysis team (encrypted workstations, strong authentication), no data is ever used to train models, and everything is deleted from our systems within 12 months, or immediately on request.