Our client wanted to perform a due diligence audit and estimate the fair market value of the target, its key clients capabilities, and analysis of the support functions. Atunda was tapped to perform on-the-ground due diligence to have an independent assessment of the value of the deal.
We rapidly deployed, and through a combination of interviews with former employees, logistical assessments, and discussions with competing and complementary entities, we determined that the potential acquisition target had dramatically overstated their market penetration, product demand, and revenues. Our discoveries aided our clients to decide quickly about the opportunity and establish a fair purchase price.
The client entered negotiations armed with a thorough understanding of the company’s strengths, weaknesses, and growth potential with an independent assessment of the deal value. Ultimately our client made an offer, based on the significant opportunities we discovered. The client was willing to take several risks because the business value of the acquisition outweighed the limitations. In addition, we assisted the organisation to develop its strategic and business plan which we are currently helping them to implement.