Baker Tilly Canada Capital understands this as its team of financial professionals do this day in and day out. BTCC was recently the exclusive financial adviser to Jacob Bros Construction and its shareholders in a transaction described below.
Though the objective of ensuring confidentiality was met, the senior executives found themselves in an unfamiliar situation when Bird submitted its due diligence list comprised of 100-plus very detailed and specific information requests. Those in Jacob Bros’ inner circle found themselves getting bogged down in the smaller details of the daily operations.
And before you share any data or information with the other side, it is best to have your M&A adviser scrub it clean. When Bird received Jacob Bros’ budget, as requested, Bird’s executives found the level of detail light relative to the forecasts they prepare and provide to Bay Street analysts.