» Case Studies
- Buy-side due diligence
for middle market
private equity firm
- Buy-side due diligence
for middle market
private equity firm
- Sell-side services
for middle market
private equity
firm
- Sell-side services
for large multi-national
company
- Sell-side services
for a family-owned
business
- Post-transaction
services for middle
market private equity
firm
- Inventory control
for a private equity
portfolio company with
a Mexican facility
- Financial reporting
advisory services
for large public company
- Financial reporting
advisory services
for a southwest
manufacturer
- Buy-side due diligence
for middle market
private equity firm
- Buy-side due diligence
for middle market
private equity firm
- Sell-side services
for middle market
private equity
firm
- Sell-side services
for large multi-national
company
- Sell-side services
for a family-owned
business
- Post-transaction
services for middle
market private equity
firm
- Inventory control
for a private equity
portfolio company with
a Mexican facility
- Financial reporting
advisory services
for large public company
- Financial reporting
advisory services
for a southwest
manufacturer

Buy-side due diligence for middle market private equity firm
Business issue
Our private equity client has strong relationships with its private and institutional investors and quickly obtains capital on a deal-by-deal basis for acquisitions and recapitalizations. This particular client focuses its investment efforts on opportunities such as bankruptcies, turnarounds, and other challenging situations (e.g., labor issues, environmental challenges, carve-outs, etc.). Typically, the firm buys companies in industrial, heavy manufacturing, and related service industries and believes it can generate high returns on invested capital by buying distressed assets, partnering with experienced operators, and building large businesses through reinvestment of intellectual and equity capital for both organic and acquisition growth.
Our client had letter of intent to purchase a $10 million manufacturer to include as an add-on to its existing portfolio. A principal of our private equity client contacted Riveron and requested a full-scope financial due diligence engagement and report.
Riveron approach
Our team of two professionals was able to hit the ground running at the target’s headquarters on Wednesday of the following week. We coordinated with target executives and the investment broker to obtain information necessary to evaluate and support the historical and projected financial position of the business. In addition, our work focused on both a quality of earnings and working capital analysis. Initial findings were reported to our client through daily status meetings and we thoroughly dissected other key issues identified. Our draft report was distributed to our client within the required timeframe and a final report was issued to complete the engagement.
Benefit to our client
We were able to identify key issues through our detailed review of balance sheet accounts and operational information that resulted in adjustments to EBITDA for the relevant period. This information armed our client with the necessary detail to validate the historical EBITDA run rate and successfully finalize the transaction with the target’s management.
Riveron Consulting is
not a CPA firm.
not a CPA firm.
