02 · LOI signed, data room open
Check the full data room before you sign.
The data room is open and the exclusivity period is running. Diligeo analyzes every document in the French target's data room and, within 24–72 business hours, delivers a report that isolates what must be renegotiated, verified, or secured before signing.
Your situation
The LOI is signed and the seller has opened the full data room. The exclusivity period caps your timeline: every week counts, and costly audits only cover what they are asked to cover.
The question to settle
Do you sign, renegotiate, or walk away? The answer lies in the documents: off-balance-sheet commitments, customer dependencies, gaps between what is presented and what is real, total acquisition cost beyond the headline price.
The documents
The documents to gather.
The typical contents of a seller's data room. Diligeo processes all of it, including large files.
- Complete statutory tax filings for the last three fiscal years
- Statutory accounting entries file (FEC)
- General and subsidiary trial balances
- Significant customer and supplier contracts
- Financing agreements: loans, finance leases, long-term rentals
- HR records: personnel register, payroll, key employment contracts
- Commercial lease and property deeds
- In insolvency proceedings: opening judgment and administrator's reports
The deliverable
A 15- to 40-page report, depending on scope.
Executive summary with a clear-cut recommendation, adjusted financial performance, valuation, prioritized points requiring attention, total acquisition cost, fit with your financing capacity, questions to ask your advisors.
Frequently asked questions