Financial Due Diligence

Financial due diligence is often complex and a company’s existing management and staff may not have the experience or bandwidth necessary to complete an in-depth analysis within a required timeframe.  A rational, non-emotional and independent analysis can help ensure that a company has maximized its effort to reduce risk and error while defining structure and probability.

Companies realize that good decisions are based in the detail and depth of the analytics that are developed and the matching timeliness of their availability.  Fully evaluating an opportunity before acting on it is critical and having the best financial and operational information readily available helps in the process of making and supporting decisions.

At AC Lordi we recognize both the challenges and opportunities that financial decisions provide.  We work with our clients to provide a level of comfort that can only be obtain through in-depth analysis and our profound interest in helping clients make the best decisions possible based on detailed information.

Some of the many ways we can provide financial due diligence include:

Target

  • Accuracy of historical financial statements
  • Compliance with GAAP
  • Future performance projection analysis
  • Quality of Earnings (“QofE”)
  • Proforma EBITDA
  • Balance sheet and working capital trend analysis
  • P&L trend and operational analysis
  • Identify and analyze off-balance sheet items and contingent liabilities

Buyer or Seller

  • Identify risks and mitigation strategies
  • Purchase accounting considerations
  • Purchase contract – “Reps and Warranties”
  • Indemnification analysis

At AC Lordi, our Financial Due Diligence team of expert professionals has led a diverse group of companies through acquisition, growth, and sale lifecycle.  We have an extensive background in private equity and led due diligence and transactional services teams.  In addition, we have led MBOs and directed management teams through the negotiation and sale of businesses.

Meet Our Experts

Chris Schnittker, CPA

Director, Office of the CFO

Chris is a former PwC manager with 25+ years of financial management, reporting and corporate governance experience, the past seventeen years of which were at the Chief Financial Officer level, with public and private companies in the biotechnology, medical device and pharmaceutical industries. He was a finalist for the Philadelphia Business Journal’s CFO of the Year Award in 2014, and was chosen as a financial expert panelist multiple times at NJ/PA Biotech Annual Meeting regarding a variety of topics, including capital raising, corporate governance, and budgeting and forecasting. Chris holds a B.A. in Business and Economics from Lafayette College.

Phone: 610-455-2096
Email: cschnittker@aclordi.com
LinkedIn Profile: https://www.linkedin.com/in/chrisschnittker

Frank D. Stumpo, CPA, MBA

Director, Office of the CFO

Frank has extensive experience identifying and implementing strategies that maximize revenues and improve operational efficiencies within start-ups, M&As and multi-billion dollar global organizations. Prior to joining AC Lordi, he ran his own consulting firm providing C-Level advisory services for entrepreneurial management teams and private equity backed early stage and middle market companies. He also served as Vice President and CFO for SDI, Inc., as well as CFO for several highly successful private equity-backed companies. Frank holds an M.B.A. in Finance from St. Joseph’s University and a B.A. in Business & Economics from the University of Pittsburgh.

Phone: 610-455-2082
Email: fstumpo@aclordi.com

Colleen Tofani, CPA, MS

Director, Accounting Services

Colleen has 30 years of experience including a Masters in Taxation from Drexel University. At AC Lordi, she provides Controller/CFO services to numerous early stage biotechnology companies and other start-up businesses. As a Financial Manager for Verizon, she oversaw management and financial reporting, investment performance, and budgeting and forecasting. She began her career at Arthur Andersen as a tax analyst. In addition to her Masters, Colleen has a B.S. in Accounting from the University of Scranton.

Phone: 610-738-0100 x175
Email: ctofani@aclordi.com