Financial due diligence
Diligence your firm can stand behind.
Quality of earnings, working capital, and a live findings register. AI proposes. Your partners approve every gate.
CPA review · Deterministic math · No AI bulk-approve
Northline buyout
Harbor Advisory
Profit on the books
$1,907,128
Typical cash needed
$1,029,400
Loans minus cash
$2,312,000
Finding
Harbor Foods is 38% of sales. If they left, profit would drop sharply.
Built for deal teams
The workspace stays thin. The judgment stays with you.
A live risk register
Findings, red flags, and management questions live in one place. They are not buried in a chat transcript.
Propose, then approve
Mappings, cleanup, partner sign-off, and lock stay with a person. There is no AI bulk-approve.
Numbers you can recompute
Profit, cash, and concentration stay in the calc engine. Ask can explain them. It cannot invent them.
How an engagement runs
Collect. See the numbers. Approve, then lock.
01
Collect the files
Upload trial balances, aging, and customer lists. We read what we can and show you what still needs a person.
02
See the numbers
Profit, typical cash, loans minus cash, and concentration land on the deal in plain language.
03
Approve, then lock
Your firm confirms cleanup and findings. Then you lock the report and export.
Ask is search over the deal.
Questions about profit, customers, and cash come back as answers and charts. Uploads and file hunting stay on Collect.
Harbor Foods is 38% of sales. If they left, profit would drop sharply.
One customer is 38% of sales
Harbor Foods is 38% of sales
Sales by customer
- Harbor Foods
- Midwest
- Atlantic
- Everyone else
Questions
What is financial due diligence?
Financial due diligence is the buyer's structured review of a target company's historical financial performance, quality of earnings, working capital, debt, and related risks before closing an M&A transaction. The goal is to validate the seller's narrative, surface normalization issues, and inform purchase price, structure, and post-close planning.
What is a Quality of Earnings (QoE) analysis?
A Quality of Earnings analysis evaluates how sustainable and repeatable reported earnings are, typically by building an EBITDA bridge from reported results to a normalized view. Buyers use QoE to separate one-time items, owner-related expenses, accounting policy changes, and run-rate adjustments from the earnings base that will support debt service and valuation after close.
What is a working capital peg?
A working capital peg is the agreed normalized net working capital level at closing, often compared to a trailing average (for example, 12 months). If actual closing NWC is below the peg, the buyer may receive a dollar-for-dollar purchase price adjustment. If above, the seller may receive additional consideration. Peg disputes usually turn on which accounts belong in NWC and how seasonality is treated.
Start a diligence workspace
Create a firm, open a deal, and load the numbers. AI proposes. Your team signs off.