CFOx recently provided financial due diligence services to a private equity-backed HVAC platform for an add-on acquisition. The Midwest-based acquisition target specializes in heating and cooling products. The target was ultimately acquired by our client.
In addition to a Quality of Earnings analysis, our Transaction Services team advised the client on net working capital and net debt issues within the purchase agreement and prepared a proof of cash analysis to ensure proper cash reconciliation to historical financial activity.
Transaction Services Provided:
- Quality of Earnings (QoE) Analysis
- Due Diligence on Targets