A buyer closes on a deadline its lender could live with
Managing Partner, private equity buyer
“I know I put you on a crazy timeline, and there were a lot of stop-starts. I seriously owe you one.”
The problem
On an earlier acquisition, the buyer hired an outside reviewer whose Quality of Earnings the lender wouldn't accept.
“We had some guy do the Quality of Earnings, and I couldn't submit it to the lender and get that deal done.”
What changed
On its next acquisition, the buyer used Forward Firm for the buy-side Quality of Earnings, run on Finsider, through a compressed timeline with plenty of stops and starts. The cash proof tied cleanly, and this time the lender got a Quality of Earnings it could underwrite.
Results
$1.5M came off the purchase price after diligence.
“You're good at it. I really appreciate this one.”
Self-serve on Finsider
Veza Digital runs its own Quality of Earnings on Finsider
“The fact that we can see everything on a dashboard is a complete game changer.”
iTValuations
Delivered by Forward Firm on Finsider
iTValuations takes MSP sellers to market with the Quality of Earnings already done
“I'm optimistic we'll have a few more at bats for you guys here the rest of the year.”
Marketers in Demand
Self-serve on Finsider
Marketers in Demand runs a partner buyout on a 100-day clock
“That's where Finsider, I think, is a great fit for a deal like this.”
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