
Deal Perspectives: An Associate, a Principal and a Partner Talk Roles and Responsibilities
Private Equity Funcast
00:00
The Importance of Confirmatory Diligence
The confirmatory diligence phase is when accountants, technical people, HR folks, all these different things just kind of look at it and double click on everything. At that point, I'm like, hey, unless this changes one of those high level trends that we're kind of investing behind, like we're good. So there's a whole lot of information that comes out of that confirmatory diligence that I think is helpful to validate the idea that we want to do the deal. But it's actually even more helpful in the post close period. And so you're relying on these third parties and hitting a timeline that they are not necessarilynecessarily able to hit at their discretion. They need
Transcript
Play full episode