Series 79: Due Diligence From Third-Party Sources And Evaluation Of The Target’s Leadership

Due Diligence from Third-Party Sources and Evaluation of the Target’s Leadership

While as a practical matter the buyer must rely primarily on information or access provided by the target company for its due diligence, the buy-side advisor supplements this information with data from third parties. For example, state public records should be searched to identify any ongoing litigation, judgments against the company, or liens filed on the target’s assets. Public records will also reveal whether the company is current in its state filings and whether it has any necessary business licenses. Searches of media databases m