HURST has set up a dedicated due diligence team in response to growing demand from banks, venture capital outfits, financial institutions and entrepreneurs.
The team is headed by partner Helen Besant-Roberts and business services manager Allan Chan and will undertake financial, tax and commercial due diligence.
HURST chief executive Tim Potter said: “Over the past 18 months we have seen a notable increase in due diligence assignments from a variety of sources.
“These include the mainstream banks and other lenders as they look to make significant investments, such as funding a deal, new capital equipment and property.
“We are also doing international due diligence work due to our connections with fellow members of the PrimeGlobal association of independent accounting firms.
“As a firm, we have a strong reputation for supporting international investors looking at opportunities in the UK.
“Expert due diligence is essential for them, and indeed for all investors, and we have identified a gap in the market for this specialist advice.
“It’s also important when it comes to buying or selling a business. The team’s work involves careful analysis so that the buyer understands what they are getting.
“In addition, businesses can lose significant value during the process if they have not prepared properly, and we are able to assist them with their DD so there are no surprises.”
He added: “Helen is a grant claims expert who also has experience of working in corporate finance, and she has undertaken regional and international due diligence assignments in recent times.
“Allan is a due diligence specialist who joined HURST last year. He and Helen are the ideal people to lead our new offering and they are supported by a broader 35-strong business services team.”
For more information on our due diligence offering, feel free to get in touch by emailing email@example.com or by calling 0161 477 2474