So let him who commits himself for ever be tested - 13 Company acquisition - Step 3.5
To ensure that you actually receive what a seller has promised you, due diligence usually follows an LoI. Due diligence, abbreviated to “dd”, carefully examines and analyses the economic, tax, legal and financial circumstances of a purchase project.
There are different types of dd, the details of which we will be happy to discuss with you and prepare you professionally. Usually, the buyer gives the seller a list of all relevant issues in advance. These documents must then be presented in analogue or virtual form for inspection and examination. Of course, we are prepared for these questionnaires and select the correct and relevant examination questions with you in advance.
In this step of the process, external experts from the fields of law and taxation are integrated for your security, so that a maximum of reliability can be created for you for the upcoming transaction. Within the framework of the dd, there may be a number of detailed questions that only arise from the review of the documents in the various areas. All procedures are recorded and ideally later also become part of the purchase contract. This way, both sides have verifiable documents as evidence in case of an eventuality.