Sell-side Financial Due Diligence
Control the narrative, reduce surprises, and protect valuation. Our sell side Financial Due Diligence (Vendor Due Diligence) packages your story, your numbers, and your upside so buyers move fast and with confidence.
Why sell side diligence
- Fewer surprises and re trades during buyer diligence
- Clear EBITDA and cash story that supports valuation and terms
- Faster process through a ready data room and aligned definitions
- Stronger buyer confidence and fewer open points at signing
- Day 1 ready reporting blueprint for a clean handover
What we deliver
- Vendor QoE report with normalized EBITDA and clear bridge
- Quality of revenue analysis by customer, product, and channel
- Working capital analysis with normalization and seasonality
- Net debt and debt like items definition with evidence
- KPI suite with a glossary and buyer ready definitions
- Accounting policy review and unusual item diagnostics
- Pro forma adjustments for carve outs and add backs
- Cohort and retention analysis where relevant
- Segment margin and unit economics
- SPA levers and definitions that protect value
- Data room index, population plan, and file QA
- Management presentation coaching and Q&A preparation
- Buyer Q&A support and diligence tracker
- Day 1 reporting and close to report playbook
Our process and timeline
A project timeline for a typical project looks like the following:
- Week 0 to 1: Kickoff, data request, materiality and risks, draft KPI map
- Week 1 to 2: Data ingestion, diagnostic dashboards, early red flags
- Week 2 to 3: Deep dives on QoE, working capital, net debt, and KPIs
- Week 3 to 4: Draft Vendor Due Diligence report, management review
- Week 4 to 6: Final report, data room QA, buyer Q&A and SPA support
The actual length depends on the scope and complexity of the transaction.
Tech enabled delivery
- Power BI reporting and controlling, SQL data modeling, and secure connectors
- Microsoft 365 stack with role based access and audit trail
- Virtual data room readiness and governance
- Reusable dashboards that management and buyers can rely on
Who we serve
- Founder led or Private Equity backed businesses preparing for a full or partial exit
- Mid cap investor-backed companies with revenue of about EUR 10 to 250 million
- Management teams seeking a credible vendor QoE, clean KPI definitions, and faster buyer diligence
- Germany and the United States with bilingual delivery
Tombstones
Here is a list of a few Sell-Side Financial Due Diligence projects we successfully worked on over the past:
Why Radial
- Big Four level rigor with boutique speed and attention
- Ex Big 4 leadership, bilingual team, and PE native ways of working
- Data first delivery with dashboards, models, and governance you can run
- Proactive communication, clear ownership, and weekly deliverables
Frequently Asked Questions
A structured review led by the seller to validate the financial story, surface risks early, and provide buyers with a trusted starting point. Often called Vendor Due Diligence or VDD.
Vendor assistance is lighter support and data room preparation. Vendor Due Diligence includes a formal report with analyses buyers can rely on.
Manufacturing, subscription (SaaS), project business, E-Commerce, consumer goods, industrial goods and more. We tailor driver trees and KPI logic to your business.
Ideally 8 to 12 weeks before launching the process. We often begin earlier to clean up definitions and KPIs.
A standard engagement takes 4 to 10 weeks from kickoff to final report. Complex transactions can take longer.
Trial balances, management accounts, transaction level sales and margin, AR and AP aging, inventory data, payroll, leases, debt, and key contracts. We provide a clear data request list and templates.
Yes. We coordinate with your advisors and align on SPA definitions and process milestones.
Yes. We help prepare management, draft answers, and track requests so the process stays on time.
