Due Diligence
Due diligence is a process of gathering and analyzing information about potential counteragent, partner or entity, crucial for decision making such as entering into a business deal or commencing an investment project, as well as evaluating economic and financial health of the party of interest.
Due Diligence also assumes background check prior to buying a business from a third party (mergers and acquisitions). Speaking in more general terms, due diligence means performing a check on any counteragent where executing a business deal is important to your success.
Depending on the goals determined by the client, at Independence we can offer the following services:
- Visiting the counteragent’s office, researching the local business environment, meeting the shareholders and other stakeholders, employees, obtaining available information about the assets of organization, as well as rights to those assets and liabilities – all of which are used in forming an independent opinion on the counteragent;
- Audit check based on available accounting documents and employees’ comments;
- Legal check to validate the entity’s legitimacy, locate any ownership disputes, confirm ownership rights etc;
- Depending on the specifics of the case while performing a due diligence check, we can offer highly customized solutions.