Quality of Earnings report — worth the cost?

James O'ConnorSEARCHER· 1 weeks ago

I'm about to enter DD on a €2M EBITDA company. My QoE provider quoted €25K for a full report. For those who've been through this — was the QoE worth it? What did it catch that you might have missed? Any recommendations for good QoE firms in Europe? I'm trying to balance thoroughness with not spending my entire DD budget on a single report.

Comments (1)

Thomas de VriesSEARCHER· 6 days ago

Absolutely worth it. Our QoE caught a €200K working capital adjustment that the seller hadn't disclosed. That alone paid for the report 8x over. I'd recommend asking for references from other search fund acquirers — the firm needs to understand the SF context.