The RSI team has been active in invesigative due diligence for over twenty years.  We have broad industry experience and an unparelled network of resources and local contacts.

RSI's Due Diligence Process:

  • Client Debrief: Understand client concerns  and existing knowledge base.   Best to avoid reinventing the wheel
  • Review Available Public Data:  Gather online and field documents for the target company and key principals. 
  • Develop a Punch List:  We can then compare public data with the client's initial concerns and information. This analysis provides a baseline/and/or issues "punch list" with which to proceed.  It is possible that we can conclude the project at this stage, depending on issues identified and the client's appetite for risk.  The challenge is to properly address all the asynchronous issues that are the real or potential underlying risks
  • Follow-up Investigation: Now we proceed with an exploration of the "punch list"  The goal now is to develop enough objective data points to understand/close out this list.  Tasks now are much more source/interview based as compared to researching public data.

Budget: Budget is driven by the size and location of the target company and the number and history of key individual principals. Smaller lower risk transactions may only require basic database reviews.  For higher risk projects with troubled/interesting corporate and/or personal history going in it is imperative to build a complete, independent and objective picture.  The marginal utility curve for this type of information is exponential and material data is typically located higher up on the curve. In order to provide a specific budget we will require the identity of the target company and a list of individual subjects.

Timing:  As always it is much more efficient if there is enough time to for us to proceed on a linear, rather than a "shotgun", basis.    If the client is  in a "do we commit" situation we can stage our work to coincide with the deal timetable.


DUE DILIGENCE
CA PI License # 25233