Due diligence on a Valencia software company

A UK group buying a Spanish software company needed the numbers checked in four weeks.

4
weeks to report
1
price adjustment
Case file
Client
Buyer · UK group
Sector
Software
Countries
UK → Spain
Year
2025

Described with the client’s permission.

1

The challenge.

What the client came to us with.

A British software group agreed terms to buy a company in Valencia and needed financial due diligence before signing.

2

What we did.

The work, in the order we did it.

Scope
We agreed a fixed fee and the questions that mattered for the price.

Findings
Quality of earnings, net debt and a working capital gap that changed the price.

3

The outcome.

What changed for the client. We describe our work, not financial results.

A report the board read in one sitting, and a price agreed on the numbers.

4

Who worked on it.

The advisers who led the work.

Marta Lozano

Marta Lozano

Managing partner
Office
Madrid
Credentials
Economist · Auditor
Languages
ES · EN
Thomas Ferris

Thomas Ferris

Partner
Office
London
Credentials
Chartered accountant · Tax adviser
Languages
EN · ES
5

More cases.

Other clients, what they needed and what changed.

Refinancing a family hotel business

Company · Andalusia

Three hotels, two banks and a loan coming due. A cash plan and a refinancing the banks approved.

13
weeks of cash planned
2
banks

Due diligence on a Valencia software company

Buyer · UK group

A UK group buying a Spanish software company needed the numbers checked in four weeks.

4
weeks to report
1
price adjustment

A founder selling before moving to London

Individual · Madrid → London

The sale and the move planned together, and the proceeds invested to a written policy.

6
months planned ahead
1
investment policy

Cases are described with our clients’ permission. They describe our work, not financial results.