Services

We work as an extension of lean deal teams: lower mid-market funds, independent sponsors, family offices and search funds. Start with a screen, step up to a red flag and AI exposure memo, and commission full diligence only when the deal is worth it.

Deal Screen

24 to 48 hours · fixed fee

For when a CIM or teaser lands and you need to know whether it deserves your time.

You get one page:

A verdict: go, park or pass
Three reasons behind it
A listed-peer anchor for size, growth and margins

Red Flag and AI Exposure Memo

72 hours · fixed fee

For when you are interested but not yet ready to spend on full diligence.

A short memo on what could break the deal:

Market and demand risks
Competitive threats and pricing pressure
How credible management's forecast is
AI exposure: which revenue lines AI could replace or compress, and which are protected

Full Commercial Due Diligence

14 business days · fixed fee

For buy-side deals heading to investment committee, including carve-outs.

The report answers five questions:

Is the market real? Size, growth and demand drivers.
Can this company win? Competitive position, pricing power and share trajectory.
Will AI help it or hurt it? Exposure and protection, line by line.
Are the numbers believable? The forecast tested against history, peers and market data, with a downside case.
What is it worth next to its peers? Listed and transaction comparables.

What you receive

Written report

Findings, red/amber/green risk ratings and sources, ready for IC.

Presentation deck

The findings in slide form, ready for your investment committee or executives.

Terms

Fixed fee, agreed before we start
Half on kickoff, half on delivery
No success fees, ever
Confidential material stays in a dedicated, client-only workspace and is never used for other work

Where we work

UK and European deals, including Central and Eastern Europe.

For M&A advisers

Market sections, competitor overviews and buyer lists for sell-side materials, delivered under your firm's name.