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Innovative Start-Up to Provide Due
Diligence Consulting Services
Gaebler Ventures announced a couple
of weeks ago a seed funding investment in Astute Diligence,
a new management consulting firm.
Astute Diligence, based in Chicago,
Illinois, will perform due diligence and business analysis
for organizations that are contemplating investments, strategic
partnerships, mergers, and acquisitions or that are looking
to enhance their organizational effectiveness in an existing
business unit or portfolio company.
"When companies make business
decisions, it's helpful to have expert outside counsel assist
with the analysis," said Ken Gaebler, Chairman and CEO
of Gaebler Ventures. "Astute Diligence has developed
a new consulting model specifically focused on optimizing
business decisions and transaction results that will be very
attractive to private equity firms, corporate development
teams, and line business managers."
Astute Diligence has developed comprehensive
consulting methodologies for strategic, technology, logistics,
financial and accounting due diligence. In addition, recognizing
that a poorly executed post-transaction plan will invariably
undermine an otherwise strategically sound and realistically
priced transaction, Astute Diligence will also assist companies
with post-transaction business planning.
In performing due diligence and management
consulting projects, Astute Diligence employs a full-time
staff of consultants with expertise in various industries
and functional disciplines. In addition, for projects requiring
niche expertise, Astute Diligence will secure the services
of recognized industry experts on an affiliate basis.
"Poor due diligence is the leading
cause of business transaction failure," said Gaebler.
"It all comes down to applying the right people and the
right skills to the task of due diligence. There are things
you know and things you don't know. When companies or consultants
proceed as if they know things they don't know, that's when
they get into trouble and make poor business decisions."
In addition to seed funding, Astute
Diligence will receive shared infrastructure, shared services,
and strategic counsel from Gaebler Ventures.
About Gaebler Ventures
Gaebler Ventures is a seed capital fund, incubator and holding
company located in Chicago, Illinois. Founded by entrepreneur
Ken Gaebler, the company provides start-up high tech businesses
with equity investment capital, office space, administrative
and financial infrastructure, and hands-on strategic and tactical
assistance.
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