CFOx recently provided buy-side financial and tax due diligence services to a newly formed, investor-backed landscaping services platform for its acquisition of a commercial landscaping services company.
In addition to performing Quality of Earnings and Net Working Capital analyses, our financial diligence work included a deep dive into key company contracts and a historical analysis of employee turnover. Our tax diligence work included a review of payroll tax filings and 1099 compliance to identify potential liabilities inherited by the buyer post-acquisition.
Post-close, CFOx assisted with the calculation of the Opening Balance Sheet, implemented the platform’s accounting software, integrated it with key operational systems, and established internal processes that will be utilized for future acquisitions. On a go-forward basis, CFOx will be providing recurring Fractional CFO services to the investment platform.
- Quality of Earnings
- Tax Diligence
- Accounting Integration
- Fractional CFO