Why Perform vendor Due Diligence?

Being aware of how a third party will view their business, sellers can cure issues or present mitigating circumstances, minimizing the opportunity for buyers to “re-trade” the transaction and protecting the negotiated price and structure. A well-prepared organization and readily available documentation will reflect favourably light, increasing the perception of risk in transaction. Additionally, the sale process tends to proceed at a much faster pace with vendor due diligence than without it, increasing the certainty of closing the transaction.