CFOx provided Quality of Earnings (QoE) support to a private equity-backed food service company for a recent add-on acquisition.
Our client, a Greek life catering company, has been expanding and acquiring food service competitors over the past few years in order serve more fraternity, sorority, and college campus partners across the country.
During the QoE, CFOx helped the client evaluate the target company’s accounting systems, operations, and accounting policies. In addition to a QoE analysis, our Transaction Services team advised the client on net working capital and net debt and prepared a cash proof analysis to ensure proper cash reconciliation to historical financial activity. CFOx also thoroughly evaluated, and pressure tested the seller’s Quality of Earnings to give the client further confidence of the acquisition.
Engaging with CFOx can save you time and frustration by identifying issues early on in the buying process. If you would like to learn more about our Transaction Services, please reach out via email ([email protected]) or schedule a call directly on our Contact Us page.
CFO Services Provided:
- Quality of Earnings (QoE) Analysis
- Due Diligence on Targets
