Fendaro
Due Diligence

Know exactly what you're buying, or selling

Whether you're acquiring a business, taking on an investor, or preparing your own company for sale, we build the financial picture that either de-risks the deal or reveals why it shouldn't happen.

What a standard review covers

Every engagement, at minimum

Revenue & margin verificationVerification of revenue, margin and customer concentration.

Working capital analysisWorking capital and cash conversion cycle analysis.

Supplier & contract exposureSupplier and contract exposure review.

Related-party transactionsRelated-party transaction identification.

Liability checkDebt, guarantee and off-balance-sheet liability check.

Tax complianceTax compliance and SARS standing review.

Owner-dependency riskOwner-dependency and key-person risk assessment.

Quality of earningsQuality-of-earnings adjustment schedule.

Timeline

A typical four-week review

1
Week 1

Data room access & scoping

We agree the scope with you and your legal team, sign the NDA, and get access to the target's financial and operational records.

2
Week 2

Analysis & site visit

Our team works through the documents in detail and, where useful, spends time on-site with the target's finance function.

3
Week 3

Modelling & flag review

We build the quality-of-earnings adjustments and risk register, and check emerging findings with you as they surface — no surprises at the end.

4
Week 4

Report & negotiation support

You receive the full written report plus a working session, and we stay available through final negotiations if terms need to shift.

Due diligence documents laid out on a desk during a financial review
Track record

What our reviews have found

R380m+ Combined transaction value reviewed in the last 3 years
1 in 3 Engagements where a material risk changed the deal terms
4 weeks Typical turnaround for an SME acquisition review
0 Confidentiality breaches across every engagement to date

Have a deal on the table?

The earlier we're involved, the more room there is to renegotiate on what we find. Get in touch before you sign heads of terms.