When entering into an acquisition you need to know exactly what you are getting for your money. With any acquisition one of the main risks the buyer faces is that the target company’s circumstances are not as presented. To protect against this risk you need to ensure that the financial and tax position of the business as disclosed in target’s accounts reflects reality.
Due diligence is an in depth review of target’s accounts and/or tax position to identify key areas of risk and focus the buyer’s attention on potential problem areas. This will enable you to proceed with greater certainty and will assist in the drafting of suitable warranties and indemnities.
At Sheen Stickland LLP our Corporate Finance team can carry out both financial and tax due diligence on your behalf.
When undertaking due diligence we always visit the target’s premises. We produce a detailed report highlighting the risks and most importantly we endeavour to provide practical solutions. Our reports are always tailored and take into account the specific circumstances of both buyer and target. Our aim is to provide you with a greater understanding of target’s business as well as its profit and loss account and balance sheet.
We can undertake financial and tax due diligence on your behalf. To find out how we can help you, contact us to speak to one of our experts.