Whether you are buying or selling a business, you need a single solution for transaction management. BKD's dedicated team of transaction professionals can offer the expertise to quickly identify and quantify issues and provide meaningful solutions. We understand you want insight before you invest in a company and commit your capital, energy and reputation.
BKD has completed due diligence engagements on billions of dollars in transactions across a wide range of industries. We can help you understand a target company’s strengths, weaknesses, potential risk areas and improvement opportunities to help in your investment decision and post-acquisition integration. Whether you are a private equity group or a corporate acquirer, our due diligence can help you better execute the deal.
As part of Praxity, AISBL, an international accounting alliance, BKD has a global transaction reach. Our international tax team combines cross-border transaction experience with local tax knowledge to assist you in planning and complying with often complex international tax rules.
BKD offers the services expected of a national firm at cost-effective rates. Our middle-market focus provides relevant expertise to assist you in making appropriate decisions and negotiate from a position of strength.
Our transaction management approach is flexible and tailored to your specific needs. We will work with you to determine the appropriate scope of work, to confirm your thesis of the company’s value drivers and to reduce uncertainty.
Our typical areas of focus include:
- Assessing the quality of earnings and cash flow
- Reviewing company forecasts compared to historical results and trends in the industry
- Identifying asset and liability exposures
- Identifying the value drivers and risk areas
- Analyzing working capital to understand the impact on cash flows and to assist in setting working capital targets
- Analyzing historical and related future baseline and growth capital expenditures
- Identifying internal control weaknesses including observations on systems
- Performing market research with the help of our alliances
- Identifying carve-out issues if part of a larger entity, including standalone and one-time integration costs
- Assessing differences from generally accepted accounting principles (GAAP)
We can also help with:
- Business models
- Cash flow models
- Working capital engagements
If you are selling a business, or even a piece of it, you also need to anticipate the risks and issues that will arise from the buyer’s perspective. Being prepared is the key to capturing the full strategic value of a sale. Our transaction services team can assist you in all phases of a divestiture. We offer insight to help prevent surprises from occurring later in the sales process.
“Our investment banker advised us to reach out to BKD’s transaction services team to do a Quality of Earnings exercise. During our initial meeting they asked great questions, and as we answered we realized the tremendous skills and value they brought.”
“BKD’s team went the extra mile to make sure we understood the process and value of our company. We never knew what our company was worth until BKD looked into the data and provided insights on efficiencies and savings. Every dollar we spent, we got 10 fold back in value.”
— Greg Hodder,
Fort Worth, Texas
“In my 21 years of experience, I’ve worked with a lot of accounting firms. BKD distinguishes itself from the others. If they’re involved with a job, I feel confident it will be done right and on time. It’s great working with a firm that makes my job easier, not harder.”
“In most cases, it seemed that other accounting firms I worked with were just waiting to catch a mistake. But BKD stands behind me, working with me, not against me. In the past, when my accounting firm called, I would cringe. When BKD calls, I’m happy to pick up the phone.”
“As the CFO of a private equity firm, there’s not really anyone else in my office who does what I do on a daily basis, so there’s no one to talk through accounting or tax issues with. BKD provides the support I need.”
“I love BKD. I can’t imagine doing my job without them.”
— Blinn Cirella,
Chief Financial Officer
Saw Mill Capital LLC
Briarcliff Manor, New York
“We were looking for a firm that could handle a multiple company integration transaction and were referred to BKD. The BKD transaction services team took time to understand the challenges of the transaction and proactively addressed them to ensure the project went smoothly. We became comfortable with their team and project approach and were truly pleased with the quality of work they produced.”
— Gerry DeBiasi,
Kidd & Company
Old Greenwich, Connecticut