A diligence study that strips reported earnings down to their sustainable, recurring core — the analysis a buyer trusts more than the audited <em>numbers</em>.
An on-the-ground inspection of a target's physical operations — plants, warehouses, stores — to verify in person what the data room describes on <em>paper</em>.
Financial statements constructed for a business unit being sold out of a larger parent — an estimate of how the unit would perform <em>standalone</em>.
A diligence conversation with a target's actual customers to test whether the revenue story holds up — the closest a buyer gets to ground <em>truth</em> on demand.
The investigation a buyer runs on a target before close — testing the seller's claims so the buyer knows <em>exactly what it is paying for</em>.
The structured request list a buyer sends a seller — the document that <em>defines what goes into the data room</em> and tracks what has been received.