At any point · Before you sign
Put the analysis to the test before you sign.
You already have an analysis of the file: your own, a firm's, or one supplied with the deal file. Diligeo tests it against the documents, point by point: figures verified, assumptions challenged, blind spots named, before the final commitment.
Your situation
The analysis exists and concludes that the file holds. Signing is close: the purchase agreement is being drafted, the financing is being finalized. Everything rests on a document no independent reviewer has challenged.
The question to settle
Do you sign on the strength of that analysis? A missed adjustment, an optimistic assumption, or a miscalibrated multiple comes to light after signing, when nothing can be renegotiated.
The documents
The analysis, and what it takes to verify it.
Two sets: the analysis under review, and the underlying documents needed to test it. The second opinion starts with what you have.
- The existing analysis: audit report, valuation memo, advisory study, or your own work
- Balance sheets and income statements for the last three fiscal years
- The documents the analysis relies on: lease, key contracts, aggregated payroll
- The letter of intent, if one has been signed
- The draft purchase agreement, if one exists
The deliverable
A second-opinion memo, conclusion by conclusion.
Each conclusion of the analysis is classified: confirmed, qualified, or contradicted, with the figure and the document behind the classification. The memo also flags what the analysis does not address, and closes with the questions to raise before signing. The valuation method applied is documented: second opinion on a valuation.