Michael DeSombre Discusses Due Diligence in Private Equity DealsOctober 2010
Hubbis recently featured a video interview with Mr. DeSombre about the purpose and key aspects of due diligence for private equity deals. “How much due diligence you do depends a lot on your belief as to the credibility and quality of the company you’re looking into,” he said. “The main problem that you find you can characterize in a very general way, which is, a large contingent liability, something that is going to cost the company lots of money. Taxes is a common problem, environmental in some industries is a big problem, corruption is one of those deal killers quite frequently.” Hubbis is a content and training provider for the Asian wealth management and private banking industries.