Building a Deal Team - Who Do You Recommend?

May 04, 2023

by a searcher from University of Tennessee - Knoxville in Nashville, TN, USA

SearchFunders,

I am building a deal team prior to having a deal in hand in order to move quickly and efficiently once an ideal opportunity presents itself. My list of provider needs is below and I am seeking your best recommendations for qualified and cost-effective providers. The size of the target will determine the necessity of need. Thank you in advance for your recommendations!

Legal: competent counsel for fund set-up, legal due diligence, and transaction execution

Financial: QoE/QoR provider, financial due diligence

Information Technology: IT due diligence (systems, security, etc.)

Insurance: commercial lines provider, reps & warranties provider, benefits provider, Insurance due diligence (target company policy review)

Human Resources: HR due diligence (plans, benefits, compliance, etc.)

Lending: 'easy to work with' non-SBA lenders

Investors: Preferred Equity investors that are comfortable with 15-30% targeted IRRs and investment horizons of <6 years

Mentors: Anyone who has done this before and is willing to teach an old dog new tricks

Sincerely,

Jason

Reply by a professional
from Bentley College in Miami, FL, USA

This is exactly what we help Searchers with. DueDilio is a marketplace to hire highly vetted M&A due diligence service providers. Our large and growing network of verified independent professionals and boutique firms specialize in finance, legal, technology, and other key areas of business diligence. https://www.duedilio.com

Reply by a searcher
from North Carolina State University in Pennsylvania, USA

I think you're going to have to do a lot of research on who you'd like in your team. You know what you want but interviewing and having that 1:1 interaction with A LOT of people is what help you find the best del team for you because what I think it's good for me might not be the same for you

+18 more replies.

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