Quality of Earnings
Revealing the true financial story behind the numbers. We go beyond the numbers to uncover hidden risks, validate earnings, and provide the insights you need to make informed decisions — whether you're buying, selling, or raising capital.
Whether you're public, private, or somewhere in between, we tailor our approach to your priorities.
Deep where it matters. Lean where it counts.
As deal size increases, so does the need for deeper, more tailored diligence.
Our offering is designed to scale with the complexity of the transaction — from core diligence essentials to robust analysis and targeted add-ons.
✓ Quality of Earnings (QoE), including “QoE lite”
✓ Working capital reviews
✓ Cost-out identification
✓ Initial team assessment
✓ Stakeholder recommendations and communication
✓ Valuation estimate & key assumptions
✓ Industry context (macro/micro)
✓ Data room preparation
✓ Coordination with counsel, tax, and other advisors
✓ Ops bottleneck assessment
✓ Value opportunity deep-dive
✓ Competitive landscape analysis
✓ SWOT by function
✓ Integration & process standardization
✓ Growth readiness (systems & teams)
✓ Interim leadership, gap staffing, and support
Adam Webster
Partner and leader of our diligence practice
“The market demands sophistication and speed. We deliver both — bringing Big 4 rigor and technical depth, while moving at the pace modern deals require.”
Diligence solutions
High-level summary of key capabilities
Financial diligence
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Identification of historical earnings and other pro forma adjustments
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Inclusive of full revenue cash proof procedures
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Multi-year income statement and balance sheet quality and trend analysis
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Evaluation of working capital trends and requirements
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Identification of liabilities and potential off balance sheet exposures
Ops & value creation
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Assessment of valuation estimates
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SWOT analysis by business function and quantification of assessments
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Operational bottleneck analysis
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Scoring customer/relationship portfolio sustainability and volatility
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Cost-out identification
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Systems, process, and human capital alignment with growth expectations
Support & post-transaction
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Regular updates to senior executives and presenting to key personnel
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M&A data room preparation
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Post-transaction integration and value capture execution support; program design, management, monitoring, measurement and reporting
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Gap staffing; short-term executive and managerial support as needed
Why Hollywell
The experience
of a large firm.
The focus of a specialist.
Our senior-led team delivers the clarity and conviction your deal team needs to move decisively.
Client success stories
Trusted by operators.
Proven in the field.
The best way to showcase our commitment is through the experiences and stories of those who have partnered with us.