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Operational Due Diligence

Before investing, deal teams need to know whether a company can deliver management's plan. The answer sits in more contracts, transactions, and messages than a diligence team can read in full. Cerenovus reads all of them and returns findings, measured risks, and open questions, with a one-week target for the review.

Designed for

Deal teams, investment committees, operating partners, and transaction advisers.

Test management's business plan against company evidence before committing money.

Management's planResults of data checksRevenueContradictedMarginConfirmedCostsContradictedWorking capitalConfirmedContract termsConfirmedOutput capacityOpenCerenovus checks each line of management's plan against the company's own dataand marks it confirmed, contradicted, or still open.
Deal teams check management's plan against company data.
Review steps

5 steps from question to decision

Cerenovus reads financial data, contracts, and operating systems together and follows each problem to its effect on profit or cash where the evidence supports it. Your team decides what to do.

  1. 01Set out management's business plan
  2. 02Connect company documents and data
  3. 03Investigate questions across sources
  4. 04Measure risks the evidence supports
  5. 05Prepare investment reviews
Work covered in this engagement
01

Deal teams check each claim against contracts and operating data

Cerenovus checks claims about revenue, costs, and working capital (cash tied up in day-to-day operations) against contracts, accounting entries, and operating data. Findings also cover customer commitments and operating dependencies.

02

Deal teams see which sources were reviewed

Cerenovus reads financial, sales, and operating sources together and follows each question across systems. Deal teams get a report of every contract and dataset reviewed, so they can close gaps before the deadline.

03

Committees and lenders can check every calculation

Cerenovus calculates losses, recurring costs, working capital risks, and changes in operating results from company data. Committee members and lenders can see the inputs, periods, and assumptions behind each figure.

04

Committees see evidence gaps beside the findings

Conflicting documents, missing periods, and questions for management appear next to the findings they affect. Deal teams use them to prepare for management meetings.

05

Committees review ranked findings during the meeting

Cerenovus ranks findings by their effect on management's plan. Deal teams use them in investment memos and committee meetings.

Client decisions

The deal team and investment committee assess company value, investment risks, and assumptions. They decide whether to invest.

Related work
Operating analysis on demand

Check management's business plan against contracts and operating data

Cerenovus reads approved company data through read-only access and ranks what it finds by value.

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