Sell-Side Quality of Earnings for Pavement Engineering Specialty Company
August 4, 2025

CFOx provided financial due diligence services to a pavement engineering specialty company that was recently acquired by an engineering consulting firm. The company, which offers concrete temperature and maturity monitoring systems, required a sell-side QoE analysis to validate its financials ahead of the transaction process.

Our Transaction Services team worked with the client to understand current operations, accounting policies, and procedures. With a thorough understanding of the business, CFOx proposed EBITDA adjustments and an analysis of Net Working Capital.

The final deliverable was a summary report with commentary on the company’s monthly historical P&L, Balance Sheet, and other key financial metrics. The CFOx report enabled the client to validate its financials, ultimately contributing to a smoother acquisition process.

If you would like to learn more about our Transaction Services, please reach out via email (info@cfoxadvisory.com) or schedule a call directly on our Contact Us page.

Transaction Services Provided:

  • Quality of Earnings (QoE) Analysis
  • Due Diligence on Targets

To read more about the acquisition, visit Eight Quarter Advisors Represents The Transtec Group in sale to Terracon Consultants