• Financial Due Diligence (FDD)

Financial Due Diligence

Independent financial analysis that provides investors and acquirers with a clear understanding of the true economic performance of a business.

We examine the sustainability of earnings, revenue dynamics, working capital requirements, and key operational drivers to ensure investors can proceed with confidence.

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20+

Years of experience

Trusted by 250+

Tech & Telecoms Leaders

  • Our Services

Key Features

Quality of Earnings Analysis

We assess underlying earnings to distinguish sustainable performance from one-off or non-recurring items, ensuring a reliable view of the business’s true profitability.

Working Capital Assessment

We evaluate historical working capital dynamics and determine appropriate normalised levels required to support ongoing operations.

Revenue and Customer Analysis

Detailed analysis of revenue streams, customer concentration, retention trends, and contract structures to understand the stability and scalability of the revenue base.

EC Analytics Data Insights

Using EC Analytics, we deliver interactive financial analysis that allows investors to explore performance drivers beyond the traditional diligence report.
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Why Choose EC for Due Diligence?

Unlike generalist firms, we don’t just hand you a PDF. We provide live access to the EC Analytics Platform, allowing you to drill down into transaction-level detail. This transparency supports faster internal decision-making, streamlines the creation of Investment Committee (IC) papers, and provides a robust foundation for lender presentations.

  • Our Process

The Lifecycle of a Deal: Our Process

We follow a structured, five-stage approach designed to provide maximum visibility with minimal friction:

Stage 1

Scoping & Planning:

We align with your objectives to agree on scope and issue a sector-tailored information request while initiating your EC Analytics platform setup.

Stage 2

Data Ingestion & Analysis:

We ingest financial and billing data into the platform, conducting deep-dives into revenue, earnings, and working capital to solve data quality issues at the source.

Stage 3

Management Engagement:

Our experts lead targeted Q&A sessions with the target’s leadership to validate findings and explore key focus areas.

Stage 4

Reporting & Platform Delivery:

We deliver a comprehensive FDD report alongside live, interactive access to the EC Analytics dashboards.
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Risks We Mitigate

  • Overstated or misclassified recurring revenue and unsustainable margins inflated by one-off projects.

  • Customer concentration, owner-dependency, and undisclosed personal cost adjustments.

  • Working capital surprises at completion and poor data quality masking the true financial position.

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Operational Engagement

Typical Timeline
Usually 3 to 5 weeks from data access to final delivery, with platform access granted early in the process.
Engagement Structure
Priced on a time and hours basis, led by a senior team member. Framework arrangements are available for serial acquirers
Strategic Timing
Most clients engage us post-LOI/Exclusivity, though we are often brought in earlier for red-flag assessments.
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Connect with Our M&A Advisor Team

Whether you’re exploring a sale, planning an acquisition, or simply want expert guidance, our team is here to help. Get in touch to discuss your goals in confidence.

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Discover Your Business Value

Start with a strategic assessment to understand your maximum potential valuation in the current market.

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