A: Yes, typically we’ve done due diligence for PEGs that have done prior engagements with us before. However, we’re always open to help in that area.
Usually, it entails coming in pre-LOI and doing the “desk work” to review the CIM. Very high-level review checking supplier concentration & risk, checking where they’re current suppliers are located (Can we move them to quickly save?), and contract review & study for mark to market commodity inflation to when they negotiated the deal, [...]
Our typical sweet spot is a company with revenues of $50MM to $500MM, we’ve got clients lower and much higher. We don’t do companies over $1 billion in revenues that’s generally the McKinsey, Bain, BCG, etc. that will send in a group of analysts to camp out and put together white papers and not [...]