Test what sits behind the IM.
A focused operator-led review for advisers and buyers who need to know which commercial claims deserve challenge before committing more time, diligence or capital.
This is for you when…
The IM tells a credible story, but the buyer needs a sharper view of what sits behind it. The objective is to identify where the commercial case may be fragile, where evidence is missing and what deserves deeper diligence.
A decision-ready commercial output.
The review is tightly scoped around the decision. You know what comes back, what it is designed to clarify and what it enables the team to do next.
Prioritised commercial risk themes
Evidence-gap list
Management question set
Buyer readout
See what the review can make visible.
This is a deliberately simplified mock output. The full review combines the score or signal with evidence, interpretation, implications and recommended action.
See how the analysis comes back.
The final format will vary by mandate, but the principle is consistent: evidence, interpretation, transaction implication and recommended action — not a long diagnostic report with no decision attached.
Only the commercial questions that matter to the decision.
The analysis goes beneath headline performance to test how revenue is created, retained, evidenced, managed and transferred.
Diagnose → Plan → Execute
A consistent operating method, applied to the transaction or ownership decision in front of you.
Find the weak assumptions.
Identify the commercial claims, dependencies and evidence gaps most likely to matter to the buyer.
Focus the next diligence step.
Translate findings into priority questions, evidence requests and deeper diligence themes.
Carry insight into the deal.
Where useful, support follow-on commercial work or management challenge as the transaction develops.
What this gives you.
Challenge the commercial case earlier.
Tell us the transaction stage, what the IM is asking you to believe and where the commercial uncertainty sits.