I recently watch “Soaked in Bleach”, the story of private investigator Tom Grant’s efforts and analysis associated with the facts surrounding the death of Kurt Cobain. Interesting movie that identifies some noncongruent elements between the “official” narrative regarding the death and information that would appear to be relevant to the situation. In a transaction involving the sale of a privately held company, an investigation of the business commonly occurs by the buyer and their professional advisors prior to the acquisition being completed through a process called due diligence. The most common professional advisers employed to assist with due diligence are CPA’s, CFO’s, and attorneys. The due diligence process has many similarities to investigation of a crime scene in that it requires the investigating party to collect documentation, information, and knowledge to properly assess the situation and make a decision. In a potential business acquisition, the decision being made is whether to complete the transaction and purchase the company. Continue reading
