Make sure you understand the balance sheet as you conduct your diligence. A Company's balance sheet being inaccurate can result in significant EBITDA adjustments. A quick check on the accounting quality of a target is to ask them for their balance sheet account reconciliations for the last twelve months. If they don't have account reconciliations its likely you will find issues during diligence and may encounter a longer QofE process.
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
205 views
2 comments
Sign in to see all replies.
Create an account.