M&A Talk: #1 Podcast on Selling a Business For New Sellers: An Introduction to Financial Due Diligence for Sellers
Jun 21, 2023
Nicholas Spezio, a strategic boutique advisor for growth-stage companies, shares invaluable insights on financial due diligence. He emphasizes taking time during the closing process to ensure thorough evaluations. The discussion highlights integration challenges, especially in tech deals, and the importance of accurate revenue management. Nicholas also contrasts the financial needs of startups versus established firms, while advocating for well-organized financial records to ensure seamless transitions. With a blend of expertise and humor, he navigates the complexities of M&A.
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Start Integration During Financial Diligence
- Start integration planning during financial due diligence, not after closing.
- Prepare detailed balance sheet schedules so systems and accounting can be migrated day one.
Audited Major Funds Early In Career
- Nicholas began his career auditing large funds like Tiger Global and Blue Mountain at PwC in New York.
- That early exposure shaped his approach to complex financial structures and automation in diligence.
Built Automation Skills At PwC
- Nicholas trained as a digital accelerator at PwC and mastered Alteryx, Tableau, and Python.
- He applied those automation skills to build workflows and scale diligence processes at Expo Group.