Most of the deals you look at aren't going to close. It's part of what makes diligence spend so painful. You need enough analysis to decide whether a business is worth pursuing, but it's hard to justify a full QoE on a deal you haven't committed to. So you dig through the listing, rebuild the seller's financials, work through the add-backs, research the market, and try to figure out what the business is actually worth. Then you do it all over again on the next deal. That's the problem I built Valotare to solve. Valotare provides valuation and due diligence reports for small business buyers, starting with whatever information you have at that point in the process. Early on, that might be nothing more than a broker listing. If the deal progresses, it might be several years of financials and a full diligence packet. The goal is the same at either stage: help you decide whether this deal deserves more of your time and money. With limited information, that means understanding the business, getting an initial view on valuation, identifying potential risks, and knowing what questions to ask next. With more information, the analysis can go much deeper into earnings, add-backs, financial trends, working capital, valuation, and other areas of diligence. I'm a fractional CFO and former institutional investor, and I oversee the analysis and review every report before it goes out. Valotare isn't intended to replace confirmatory diligence once you're committed to a deal. It's meant to help you get to that point with fewer wasted hours and fewer dollars spent on deals that were never going to make it. I'm currently looking for five Searchfunder members to try it on live opportunities while Valotare is in beta. I will run the analysis at no cost in exchange for candid feedback on what was useful, what wasn't, and what you'd want to see done differently. You don't need to be under LOI. If there's a listing you're seriously considering, that's enough to start. DM me here if you're interested.