Situation: A client pursuing an acquisition needed to understand the target company’s financial obligations before agreeing to the final transaction terms. Solution: During a quality of earnings analysis, our team identified $12 million in customer deposits that needed to remain in the business to cover future service obligations. Impact: The finding saved the client $12 […]
Situation: A retail client considering an acquisition needed to determine whether the seller’s reported earnings supported the proposed purchase price. Solution: Our team performed a quality of earnings analysis and identified a significant overstatement in the seller’s earnings. Impact: The findings supported a purchase price reduction that saved the client $80 million.
Situation: A home services company was considering an acquisition and needed a clearer understanding of the target business’s financial performance and potential liabilities. Solution: During a quality of earnings analysis, our team identified employment practices involving undocumented workers, potential payroll tax liabilities, and other compliance concerns. Impact: The findings informed the client’s decision not to […]