Due Diligence Case Study

Case Study

Due to a signed non-disclosure agreement the companies names may not be mentioned. A tier 1 company "A" with revenues exceeding $1 Billion per year approached us to conduct due diligence services for them on another tier 1 company "B" that they claimed was in breach of contract. Company "A" had already served company "B" will legal papers that they were in breach of contract and litigation would follow if they did not comply with the contractual terms and conditions as they were outlines. However, company "B" responded that they were going insolvent and had no money. 

​

The contract was in reference to a sale of the customer service department from company "B", wherein, several hundred customer service employees, desks, chairs, phones, and computers were to be transferred/relocated to company "A" offices. However, only a small portion of the above listings arrived to company "A".

​

Mr. Distler conducted due diligence services for company "A" on company "B's" financial standing along with its subsidiaries. Upon completing the due diligence on company "B" and 23 subsidiaries, 12 of which were in Canada and 11 were in other countries around the world. We developed that company "B" and its subsidiaries and their executives were experiencing record revenue highs for the last 7 years. A full analysis of company "B" and its subsidiaries financial statements, key executive contacts, pictures, contact information, titles, salaries, bonuses was provided to our client.