Welcome to the crucible. Transactions are forged and can also be vaporized during the
due diligence process.
The key to a successful due diligence process is preparation. Redtail Capital will
set up a virtual data room that is completely secure and will hold all of the
documentation necessary for a buyer to make sure that they know exactly what
they are getting.
After executing a letter of intent with the buyer, you will receive a due diligence
checklist. Most of the requests on the list can be anticipated and documentation
prepared ahead of time and waiting in your data room. We will immediately go to
work to meet any additional requests and deliver all required information.
In addition to a review of your financial and operational documentation, you can
expect at least one and more likely several visits to your business. Key
employees will be interviewed, business processes observed, and additional
requests will be made. Expect buyers to contact key vendors, business
partners, your CPA, and other affiliated entities that may provide third party
information on your company.
During this time we will maintain constant contact with you and your buyer, making sure
that communication is flowing and that there are no hold ups. The key to getting
to the closing is to keep the process moving - maintaining momentum and inertia.
Redtail Capital will try to keep you one step ahead during this process, reading body
language, interpreting requests, and predicting next steps.