For advisory firms
Add deal capacity without adding people.
The production work on a mid-market transaction eats analyst weeks, and you cannot buy more of them when three files land in the same month. We produce that work to a traceable standard, in your house format, for your professionals to review, own and sign.
Where the analyst week goes
- Rebuilding a seller's databook into a usable model
- Normalising earnings and testing every add-back
- Reconciling bank, card and point-of-sale data to reported revenue
- Reading a data room and working out what actually changed
- Maintaining the diligence request list
- Drafting the teaser, the information memorandum and the buyer list
- Comparing offers on more than headline price
None of it is where a partner adds the most value. All of it has to be right.
Service lines
| Service line | What you receive |
|---|---|
| Before the mandate | |
| Target screening | A scored verdict with the reasoning written out |
| Vendor readiness | Every finding triaged into fix, disclose or price |
| Sell-side | |
| Process materials | Teaser, information memorandum, management presentation support |
| Data room design | Disclosure released in stages as the process advances |
| Buyer list and process | Buyers chosen on evidenced appetite, not by category |
| Offer evaluation | Offers compared on certainty and structure, not price |
| Buy-side | |
| Financial diligence and QoE | Normalised earnings, coverage, a stressed valuation |
| Third-party evidence testing | Corroboration from records the seller did not prepare |
| Data room forensics | What actually changed in the room, by content |
| Tax structuring analysis | Structure modelled, positions flagged for your tax advisor |
| Legal diligence support | Licence gating, material risks, conditions precedent |
| After signing | |
| Confirmatory diligence | One register, sorted by who can close each item |
| After closing | |
| Integration and day one | A workstream for each priced assumption |
| Post-close review | Variance attributed to market, execution or underwriting |
| Growth and operating plans | A multi-year model that feeds the deal model |
Each line is a deliverable, not an open-ended workstream. A mandate usually draws on four or five, and each can be bought on its own.
Three to test us on
Evidence the seller did not prepare.
Sales reconciled to deposits over rolling windows. Every add-back tested on its implied rate. Working capital accepted only after the cash cycle is established.
Reading a data room by content, not by timestamp.
A data room marks every file as modified whenever anything is touched. We index by content instead, so a re-upload that changed nothing shows as nothing, and a quiet substitution shows as a substitution.
Closing the loop after the deal.
The case frozen at closing is compared with actual results, and every variance is attributed to the market, to execution or to the underwriting. Only the last one improves the next deal.
How the work is controlled
- Traceability.
- Every figure is re-derived from a named source before it ships.
- Independent challenge.
- Every deliverable with numbers in it is re-run by a separate model, which recomputes the arithmetic and flags anything asserted without support.
- A review gate.
- A senior review checks the rendered document, not the draft behind it.
- Confidentiality.
- Raw client material stays in a controlled environment. Any outside check sees derived figures, never the data room.
- The professional boundary.
- We give no tax, legal or accounting advice, and we sign nothing. Anything that needs a licensed opinion reaches your people, flagged in the body of the work.
Birdie Capital is itself an acquirer and an advisor. Any file where we are, or could reasonably become, a principal or a competing bidder is declined at intake. We do not contract with your clients or approach any counterparty we see through your files.
Test it on one file.
Give us a file you have already closed and let us produce our own version without seeing your conclusion. Then put the two side by side.