What a Quality of Earnings report actually tells you
What’s inside a QofE, why it’s different from an audit, and how it protects your purchase price.
Read articleInstitutional-grade Quality of Earnings and financial due diligence for independent sponsors, searchers, private equity funds, and business owners — Big-Four rigor, without the Big-Four overhead.
A deal is only as sound as the numbers beneath it. We dig past the income statement to the cash, the trends, and the risks — so you negotiate, lend, or sell from a position of certainty.
Focused, senior-led engagements that give you the financial clarity to move with confidence — whether you’re buying, lending, or selling.
The cornerstone analysis: we normalize EBITDA, test revenue quality, and validate that reported earnings are real, recurring, and sustainable post-close.
Learn moreA complete read on financial health — balance-sheet review, debt and debt-like items, working capital trends, and the operational drivers behind the numbers.
Learn moreSelling your company? We surface and resolve issues before buyers do, build a defensible earnings story, and help you understand what your business is truly worth.
Learn moreWe set a fair, data-driven working capital target so you don’t overpay at close or get squeezed in the true-up — one of the most contested numbers in any deal.
Learn moreWe tie reported revenue and earnings to actual cash that moved through the bank — the most reliable test of whether the financials reflect economic reality.
Learn moreEarlier in a process, or working a smaller deal? Right-sized assessments flag the deal-breakers fast, before you spend more time and capital.
Learn moreWe work the lower middle market the way it deserves to be worked — with senior attention, fair pricing, and an understanding of what’s actually at stake for you.
Win investor confidence and close with conviction. We give you LP-ready diligence that stands up to scrutiny.
It’s often your own capital and one shot. We pressure-test the numbers so your first acquisition is the right one.
A reliable diligence partner for add-ons and platforms — institutional rigor, responsive teams, and no surprises.
Know what your company is worth and sell from strength. We prepare your earnings story before buyers test it.
The largest firms are thorough but expensive, layered, and slow. The cheapest options miss what matters. Greenwood was built for the deals in between — where the diligence has to be sharp, the partner has to be reachable, and the fee has to make sense for the deal size.
The person who scopes your engagement is the person doing the work — not a rotating cast of first-year associates.
Most reports land in two to four weeks of data access — fast enough to keep your exclusivity window and momentum intact.
You know the cost before we start. No hourly meter, no surprise invoices — pricing matched to the size and complexity of your deal.
We treat every engagement as if our own capital were on the line — because for the people we serve, it usually is.
The Greenwood Diligence Standard
A proven process that keeps your deal moving while we get to the truth beneath the numbers.
A short call to understand the target and your goals. You get a fixed fee and timeline before any work begins.
We send a focused request list and analyze the financials, ledgers, and bank activity — reconciling what’s reported to what’s real.
EBITDA normalization, working capital, proof of cash, and revenue quality — with management Q&A to resolve open items.
A clear, defensible report and a live walkthrough — so you can negotiate, lend, or sell with total confidence.
Plain-English guidance for buyers and sellers navigating the numbers.
What’s inside a QofE, why it’s different from an audit, and how it protects your purchase price.
Read articleA sell-side QofE surfaces the issues buyers will find — while you still have time to fix them.
Read articleHow the NWC target is set, why it’s so contested, and how to avoid leaving money on the table.
Read articleTell us about the transaction. We’ll tell you exactly how we can help, what it costs, and how fast we can deliver.