Corporate Finance - Investment Bank

What our client needed, what we did, how it worked

What our client needed

Our client, a leading international investment bank, instructed Continuity Planning to conduct due diligence and verification checks on the Chairman and Board of a company looking to conduct an IPO on the Alternative Investment Market. The target company was based in a major emerging market. Our client wanted to know the real story behind the company's founding team and executive offices. Our client wanted to minimise risk, maximise opportunities and to meet regulatory requirements of the FSA.

What we did

After close consultation with our client, Continuity Planning deployed its team in the relevant country to search all media sources, criminal records offices, fraud investigation units and to conduct interviews with third parties to gather information which could then be analysed. For this instruction our analysts were trilingual and conducted searches in three dialects. Once the information was obtained it was then scrutinised and compared with the initial data provided to us by our client.

How it worked

Continuity Planning presented a detailed report to our client on the individuals investigated, rating each individual against our simple risk spectrum. We found no evidence of criminality or duplicity. However, we found that the business credentials of some individuals had been over exaggerated. As a result of our report our client was able to identify inexperience as a risk involved with the pending IPO and ensured that more experienced executives were added to the board prior to the placement, thereby managing the risk and maximising their opportunity. The IPO took place successfully.

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