Buy-side Quality of Earnings (QoE) for a Stormwater Management and Drainage Company

CFOx provided financial due diligence services to a private equity-backed stormwater management and drainage company for a recent add-on acquisition.

Our client has served the southwestern U.S. for over 10 years and provides a wide range of solutions including drywell install, drywell specification, storm infrastructure maintenance, hydrovac work, CCTV work and all other drainage needs.

The acquired pipeline and manhole service company offers CCTV, trenchless sewer repair, hydro excavation, and more. They serve contractors, municipalities, property managers, and residents throughout Utah. The acquisition enhances our client’s capabilities to offer innovative solutions for clients who need stormwater drainage solutions. It also helps expand their presence in the Utah market and support contractors, property managers, and others who face stormwater challenges.

In addition to a Quality of Earnings (QoE) analysis, our Transaction Services team advised the client on net working capital and net debt, and prepared a cash proof analysis to ensure proper cash reconciliation to historical financial activity.

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

Transaction Services Provided:

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