Acquisition Essentials: A step-by-step guide to smarter deals

Appendix B. Checklist for working with advisers

Prepare:

• Discuss the proposed acquisition, and due diligence, with those most likely to be involved in and affected by it

• Make sure everyone who needs to understand is clear about what due diligence is about and the advantages of bringing in advisers and what they are expected to do

Consider:

• Whether to set-up a management team

• Who will prepare and agree the initial brief

• Who will choose your advisers and on what criteria

• Who will be the main contact for the advisers

• How your firm will be kept in touch with the progress of the acquisition/ due diligence process

Brief:

• Set out the firm’s aims/mission

• Identify all key issues and potential problems that may arise during the course of the due diligence process ...