Buy-side Quality of Earnings (QoE) for an Environmental and Infrastructure Contracting Business

CFOx provided financial due diligence services to a private equity-backed environmental and infrastructure contracting business for recent add-on acquisition.

Our client has served the western U.S. for over 30 years and provides a wide range of services to clients including environmental remediation and emergency response as well as construction of railroad facilities including locomotive fueling, yard air brake networks, wastewater treatment facilities, above and below ground mechanical facilities and security fencing.

The Arizona-based acquired company serves industrial manufacturers, utilities, municipalities and numerous other customers by providing environmental waste management services to multiple end markets. This acquisition further expands our client’s presence in the region.

In addition to a Quality of Earnings analysis, our Transaction Services team advised the client on net working capital and net debt, and prepared a proof of cash 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