Services

Offering memorandum review

For investment dealers, family offices and institutional investors

An independent read of a private fund or project offering. We examine the structure, the fee stack, the distribution waterfall, redemption and liquidity terms, valuation policy, related-party arrangements and the quality of disclosure.

You receive a written report with findings ranked by consequence, and commentary on what is unusual, what is missing and what to ask the sponsor.

Capital raise readiness

For private equity and private real estate sponsors

A review of your offering memorandum, marketing materials and track-record presentation before they go to dealers. We read them as a dealer's product team or an institutional allocator would, and flag the questions you will be asked.

The aim is a cleaner diligence process, fewer surprises in dealer review and a stronger case for wider distribution.

Buy-side due diligence

For acquirers of private businesses

Quality of earnings analysis, normalized earnings and working capital, customer and supplier concentration, margin structure and an operating review of how the business actually runs.

We coordinate with your legal and accounting advisers and bring the findings together into one view of price, risk and open items.

Cost of capital and valuation

For sponsors, acquirers and investors

Required returns, discount rates and capital structure for private investments, and a sense check on whether a proposed price or valuation is supportable.

This is analytical support for your decision. It is not a formal valuation opinion or fairness opinion.

Transaction advisory

For buyers and sellers

Help thinking through a transaction from either side: how to frame it, how to structure it, how to run the process and where the risk should sit.

For sellers, we look at the business the way a buyer's diligence team will, so the issues surface before they affect price.