Transaction Advisory Services

FD’s transaction advisory professionals help buyers and sellers throughout the transaction lifecycle, from buy-side and sell-side representation and valuation, including investment banking services and quality of earnings reviews as well as due diligence support, accounting advisory and post-close collaboration.

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Our Approach

At FD, we don’t just run the numbers. Our specialists bring deep M&A expertise as well as accounting and tax backgrounds to every engagement, helping clients evaluate opportunities, prepare for market, negotiate from an informed position and address the financial complexities that follow closing. That multidisciplinary perspective brings greater clarity and continuity to every stage of a transaction.

Pre-Transaction Planning

The best deals are planned long before they reach the table. FD helps you plan transaction strategy and prepare the business so it is genuinely ready to go to market.

Buy-Side & Sell-Side Representation

Whether you are pursuing an acquisition or preparing a business for sale, FD provides hands-on guidance. Whether it relates to investment banking services* or due diligence support, our partnership lasts throughout the transaction life cycle. We help identify and evaluate opportunities, position the business, coordinate the transaction process and support negotiations—bringing financial, operational and industry insight to each stage of the deal.

Valuations & Business Modeling

Reliable valuations and financial models help buyers, sellers and investors assess opportunities, test assumptions and support informed negotiations. FD provides independent valuation, purchase price and financial modeling support tailored to the transaction and its reporting requirements. Our investment bankers also provide industry comparables to properly assess valuation within the market.

Quality of Earnings Reviews and Due Diligence

A targeted QoE review looks past reported EBITDA to confirm whether earnings are sustainable, consistently calculated and free of one-time inflators. Our broader financial and tax diligence helps buyers and sellers understand working capital, tax exposure, cash flow, operational trends and other factors that can influence value, structure and negotiations. We run reviews on both sides, protecting buyers from overpaying and helping sellers justify prices ahead of a buyer’s own diligence team.

Debt Financing

Financing terms can shape a transaction as much as price does. Our specialists assist with senior and mezzanine debt financing, helping structure and negotiate terms that support the transaction.

Search Fund Advisory

FD provides integrated advisory support to search funds and independent sponsors from formation through acquisition and long-term growth. Our multidisciplinary team helps searchers evaluate opportunities, execute transactions and manage the financial, tax, technology and compliance requirements that follow closing.

Accounting Advisory

Complex transactions often create accounting and reporting requirements that extend beyond diligence. FD assists with transaction and technical accounting matters, opening balance sheets, financial reporting readiness and other issues that can affect both the closing process and the first reporting periods after the transaction.

Post-Close Support

After closing, we help translate the transaction into accurate financial reporting and a practical operating plan. We can support working capital true-ups, purchase price allocation, integration planning, strategic business planning, post-acquisition audit and tax needs, budgeting and forecasting to assist your business as it moves into steady-state operations.

Planning for What Comes Next

A closed transaction often brings sudden liquidity, new tax exposure and unfamiliar questions. FD’s High-Net-Worth & Family Office practice takes over from there. We minimize tax liabilities, optimize investment decisions and build the estate and succession plans that carry wealth to the next generation.

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Frequently Asked Questions (FAQ)

What is transaction advisory, and how is it different from investment banking?

Transaction advisory encompasses the financial, tax, accounting and strategic support that helps buyers and sellers evaluate and execute a transaction. Depending on the engagement, FD may provide buy-side or sell-side representation, valuation, due diligence, deal structuring, transaction accounting and post-close support. Unlike firms focused primarily on introducing parties, FD brings multidisciplinary financial and industry expertise to the decisions that influence transaction value and execution.

What is a quality of earnings review, and why does it matter in an M&A transaction?

A QoE review examines beyond reported EBITDA to assess whether earnings are sustainable, consistently calculated and free from one-time inflators. This is crucial since purchase prices are often multiples of earnings. For example, overstating earnings by $500,000 can reduce deal value by $3.5 million at a seven-times multiple. QoE reviews protect buyers from overpaying and help sellers justify their price.

Do you work on both the buy side and the sell side of transactions?

Yes. FD supports both buyers and sellers through representation, financial and tax due diligence, valuation, transaction accounting and related advisory services. Working across both sides of transactions gives our professionals a practical understanding of the issues that can affect preparation, pricing, negotiations, and closing.

How early in the process should we engage a transaction advisor?

Engage a TAS professional as early as possible, ideally before active negotiations. On the sell side, we help prepare financials and identify issues before buyer due diligence, allowing time to address them before price discussions. On the buy side, early due diligence helps speed the process and reduce surprises after signing a letter of intent.

Investment Banking Services

Whether you are selling a business, acquiring one or raising capital, strategy and structure shape the outcome. FD’s investment banking team works the deal with you, providing seller advisory, buyer advisory and capital raising support from the first conversation to close.

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* Securities products and investment banking services are offered through BA Securities, LLC, member FINRA SIPC. Frazier & Deeter Advisory, LLC and BA Securities, LLC are separate, unaffiliated entities. To learn more about the professional background of Frazier & Deeter Advisory, LLC and our registered representatives, please visit FINRA BrokerCheck. Past performance, awards or testimonials are not indicative of future results. No guarantee of future performance or success is implied.

Investment banking services are provided separately from the outsourced accounting and transaction advisory services identified above, and the professionals providing those services operate independently of one another.

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