After a high-level review, our team identified multiple issues, and our client asked us to investigate the acquired company’s financial position at the time of closing further. We worked with the client for over 2.5 years to analyse various aspects of the accounting treatments in the financial accounts. Our German valuation team also contributed by identifying additional potential claims, such as damages resulting from warranty violations. They also issued an expert opinion on the financial status at closing. Beyond pure accounting and valuation skills, we worked very closely with our client’s legal counsel and forensics team during the forensic investigation.