• See Beyond the Numbers. Secure Your Deal Value.

    We go beyond the audit to validate earnings, identify hidden risks, and ensure you pay the right price. From EBITDA adjustments to working capital pegs, we provide the clarity you need to close with confidence.

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    Buy-Side Financial Due Diligence

    Core Issues: Earnings Quality · Deal Pricing· Risk Mitigation

    Protecting your investment before signing.

    • Quality of Earnings (QoE): Analyzing sustainability and recurrence of EBITDA/Net Income. Identifying non-recurring items, related party transactions, and accounting anomalies.
    • Normalized Working Capital: Calculating the historical average to set the peg, ensuring you don’t overpay for bloated inventory or receivables at closing.
    • Debt & Debt-like Items: Uncovering hidden liabilities (e.g., pension deficits, litigation, environmental obligations) that should be deducted from equity value.
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    Sell-Side Due Diligence (Vendor DD)

    Core Issues: Value Defense· Process Acceleration · Management Preparation

    Taking control of the exit narrative.

    • Pre-emptive Issue Resolution: Identifying and resolving potential deal-breakers or red flags before buyers find them.
    • Investment Teaser Support: Preparing a credible financial story that highlights value drivers and growth potential.
    • Data Room Preparation: Ensuring financial data is clean, organized, and ready for rigorous buyer scrutiny.
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    Carve-Out & Separation DD

    Core Issues:Stand-Alone Costs · Shared Services · Transition Support

    Defining the true cost of independence.

    • Cost Allocation Analysis : Analyzing shared services (HR, IT, Finance) to determine the true cost structure of the carved-out entity.
    • Transition Service Agreement (TSA) Scope: Defining the services the parent will provide post-close and estimating their fair market cost.
    • Stranded Costs: Identifying costs that remain with the seller or need to be absorbed by the target.
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    Commercial & Synergy Validation

    Core Issues: Market Sizing · Top-Line Validation · Synergy Quantification

    Bridging financial and strategic due diligence.

    • Revenue Bridge & Driver Analysis : Validating top-line growth assumptions by volume, price, and mix.
    • Market & Competitor Benchmarking: Validating the target’s market position against industry peers.
    • Synergy & Dis-synergy Quantification: Stress-testing cost and revenue synergy assumptions to prevent overpayment.
  • Why Villeneuve

    Rigorous Analysis. Deal-Minded Insight.

    Financial due diligence is not just about checking boxes; it’s about telling the story behind the numbers and impacting the SPA (Sales and Purchase Agreement). We combine accounting expertise with deep deal experience.

    Speed Without Compromise: Deal timing is everything. We deliver high-quality QoE reports within tight timelines to keep the deal on track.

    Deal-Minded Professionals: We understand the negotiation table. We prioritize issues that impact price and liability, not just accounting technicalities.

    Global Reach, Local Execution: Seamless coordination across borders with in-house language capabilities and local GAAP/IFRS expertise.

    Independence: As financial advisors, we maintain strict objectivity, free from audit conflicts of interest.