M&A advisory

The deal is won
in the numbers

We run the financial side of a transaction, on either side of the table. The model, the diligence, the peg and the schedules that decide what actually lands in your account.

Talk to a finance partner What you receive

We do not market your company or take a fee on completion

Selected clients across the US, GCC and Europe

4 engagements

Selling, buying, or getting ready to

Most owners meet us at one of 4 points. The discipline is the same in each: rebuild the numbers until they survive someone else reading them closely.

Sell-side

  • Normalized EBITDA settled before a buyer touches it
  • The deal file built and the data room indexed
  • Working capital peg set from your analysis

Buy-side

  • Financial due diligence on the target you are pricing
  • Bid model with the price, structure and debt tested
  • A written list of where the number is soft

Exit readiness

  • Run 12 to 24 months ahead of going to market
  • Names what would fail diligence while it is still fixable
  • Work ranked by its effect on price

Signing to close

  • SPA schedules, definitions and the completion mechanism
  • Earn-out mechanics modelled before they are agreed
  • Opening balance sheet and the first 100 days
Deliverables

The files you actually receive

Named documents, in native format, all generated from one model.

Sell-side7 files
  1. 01
    Transaction modelDriver-based, unlocked, formulas intact
    xlsx
  2. 02
    TeaserOne page, anonymised, sent pre-NDA
    pdf
  3. 03
    Information memorandumThe CIM, written from the model
    pdf
  4. 04
    Management presentationFor the meeting after the CIM
    pptx
  5. 05
    Normalized earnings databookEvery adjustment traced to source
    xlsx
  6. 06
    Working capital and net debt analysisThe peg, set from your own numbers
    xlsx
  7. 07
    Data room, built and indexedStructured to the buyer’s request list
    index
Buy-side7 files
  1. 01
    Due diligence report36 months plus LTM, evidenced
    pdf
  2. 02
    Adjustments databookSustainable earnings, workings included
    xlsx
  3. 03
    Bid modelPrice, structure, debt capacity, returns
    xlsx
  4. 04
    Valuation range3 methods, cross-checked
    pdf
  5. 05
    Negotiation listWhere the number is soft, and by how much
    pdf
  6. 06
    SPA schedules and earn-out modelModelled before they are agreed
    xlsx
  7. 07
    Completion accountsPrepared or reviewed against the mechanism
    xlsx

All of it yours, in native format. No locked PDFs, no platform, nothing that expires with the engagement.

See what each scope includes
Scope

What we run, and what we are not

We are the financial workstream inside a transaction. Where the line sits is written down here rather than discovered later.

What we run
The transaction modelOne driver-based model behind the memorandum, the diligence answers and the bid. Every number in the process reconciles to it.
Financial due diligenceNormalized earnings, revenue quality, customer concentration and proof of cash, evidenced to source on either side of the table.
Price mechanicsWorking capital peg, net debt, earn-out and deferred consideration, modelled before anyone signs them.
Diligence responseWe sit on the calls and answer the financial questions, so the founder is not defending a spreadsheet they did not build.
What this is not
A brokerageWe are not a broker-dealer or an M&A intermediary. We do not solicit buyers, market your company, or take a fee when a deal completes.
Legal adviceThe SPA is drafted and negotiated by your lawyers. We model the mechanics inside it and tell you what they cost.
An auditDiligence-grade analysis, with no audit opinion and no assurance. If you need an audit, you need a licensed audit firm.
A number shaped to the dealWe will not adjust something out because it helps the price. It has to survive the other side reading it.

Working with a banker or broker already? That is the normal arrangement. They run the process and the buyer relationships. We build and defend the numbers underneath it.

Talk it through
A signed deal file and a working capital schedule on a table
One set of numbers

The memorandum, the diligence answers and the bid all tie to the same model

Deals lose value where the story and the file disagree. Everything a counterparty receives is generated from one place, so the third version of a number matches the first.

Process

6 weeks to a deal file, 4 stages

A sell-side engagement, from first call to a company that can be taken to market. Buy-side runs the same stages against a target, in 15 business days.

4 steps
  1. Week 1
    01

    Position

    What is actually being sold, to whom, and what a buyer in that category pays for. A written data request goes out the same week.

  2. Weeks 2 to 3
    02
    Rebuild

    Test

    Earnings normalized and evidenced, revenue tested to source, the model rebuilt driver by driver. Everything that would fail diligence is named now.

  3. Weeks 4 to 5
    03
    Assemble

    Build the file

    Teaser, information memorandum and data room, written from the model and indexed to the questions a buyer will ask.

  4. Week 6 onward
    04

    Defend

    Diligence questions answered, the peg negotiated, earn-out and completion mechanics modelled before they are agreed.

Pricing

Priced on the work the file needs

The fee tracks how much the records and the file need, never a percentage of the transaction.

M&A advisory | fixed fee
Scope 1

Exit readiness

$3,500/ engagement

Run 12 to 24 months ahead of a sale. Names what would fail diligence while there is still time to fix it rather than discount for it.

  • Normalized earnings, 24 months plus LTM
  • Diligence gap review across records, contracts and reporting
  • Indicative value range and the drivers behind it
  • Ranked action list, ordered by effect on price
Scope 2

Sell-side deal file

$9,500/ engagement

Everything needed to take the company to market and answer what comes back. 6 weeks to a file a buyer's advisors can read line by line.

  • Everything in Scope 1
  • Transaction model, driver-based and diligence-ready
  • Teaser and information memorandum
  • Data room built and indexed to the request list
  • Working capital peg and net debt analysis
  • Diligence calls attended and answered
Scope 3

Buy-side

$8,500/ target

Financial due diligence and bid support on a target under offer. Priced per target, so a walked-away deal costs you one fee and no more.

  • Financial due diligence, 36 months plus LTM
  • Sustainable earnings and revenue durability tested
  • Bid model with price, structure and debt capacity
  • Net debt, working capital peg and completion mechanics
  • Written negotiation list of where the number is soft

Deal-period support past the scoped weeks runs on a fixed monthly retainer, agreed before it starts. Every other fee we charge sits on one page.

Compare with every other fee

Fees are fixed before work begins and never a percentage of the transaction. This is diligence-grade analysis with no audit opinion and no assurance. We are not a broker-dealer and do not market companies or solicit buyers. Rebuilding books first is quoted separately.

Questions

Asked before every engagement

Are you a broker? Will you find us a buyer?

No. We are not a broker-dealer or an M&A intermediary. We do not solicit buyers, market your company or take a fee on completion. We build and defend the financial side of the transaction, and we work alongside whichever banker, broker or lawyer you appoint.

Do you take a percentage of the deal?

Never. Every fee is fixed in writing before work begins and does not move with the price or with the deal closing. An advisor paid on completion has a reason not to find things.

How early should we start?

12 to 24 months before you intend to go to market is ideal. Found early, an issue gets fixed. Found in diligence, it gets priced against you.

What deal sizes do you work on?

Typically $2M to $100M enterprise value. Below that the diligence rarely justifies the fee. Above it, the buyer usually brings a large firm, and we sit on the sell-side of that conversation.

Can you work alongside our banker or broker?

That is the normal arrangement. They run the process and the buyer relationships. We build the model, the numbers in the memorandum, the diligence responses and the completion mechanics.

What do we keep at the end?

Everything. The model, the databook, the memorandum, the data room index and every schedule, in native files you can hand to anyone.

Related

The pieces, bought separately

Every workstream is also sold on its own, for when that is all the deal needs.

Quality of earnings Normalized EBITDA, evidenced to source, sell-side or buy-side Business valuation What multiple applies, cross-checked across 3 methods Investor materials The teaser, memorandum and deck a counterparty reads first Fractional CFO & controller Someone senior on the diligence calls, monthly
Contact

Know the number
before they do

Book a call and get a fixed-fee scope within 24 hours. Tell us which side of the table you are on and roughly when.

Talk to a finance partner
What happens next
  • 1

    Free consultation

    Which side you are on, the timeline, and the state of the records.

  • 2

    Fixed-fee scope

    Scope, stages and price in writing within 24 hours, never a percentage of the deal.

  • 3

    Data request

    A 50% deposit and a written data request start the clock.

  • 4

    The file

    Model, databook and deal file handed over in native format, with us on the calls.