What is reverse due diligence?
In order to prepare any business for exit, GS Verde Group conducts a full reverse due diligence exercise on the business in order to gain an in depth view of the business from the perspective of a potential buyer.
This is a crucial step in the process, during which GS Verde Group objectively reviews all areas of the business through the lens of a third party, to review and report on the business' current condition, report on any areas of risk and subsequently cover any gaps or risk areas through update or implementation of new terms and conditions, contracts and policies ensuring all documentation aligns with current legislation and practices.
This step in the process ensures that when the 'real' due diligence process is carried out that the paperwork is comprehensive, de-risks the ability of any potential buyer using this as a tool to negotiate on the commercial terms of the deal.