Hard Due Diligence
in Russia.
Financial models mean nothing without physical verification. We expose hidden liabilities, creative accounting, and operational risks before your capital is deployed.
Spreadsheets Lie. We Uncover the Ground Truth.
In the Russian M&A market, standard desktop audits often fail to capture fundamental reality.
Sellers routinely mask operational bottlenecks, disguise deferred CAPEX, and hide compliance traps behind flawless presentations. BZ Broker acts as your forensic team on the ground. We verify every claim through strict cross-referencing with official state registries and physical inspections. Our mandate: find the skeletons before you wire the funds.
- → Financial forensics and EBITDA reconstruction
- → Legal and compliance stress-test
- → Technical and CAPEX verification
- → Weaponized data for price negotiation
The Anatomy of a Hard Audit
Three critical vectors. No hallucinations tolerated.
Financial Forensics
Strip away creative accounting. Reconstruct actual cash flow, verify real OPEX, and hunt for off-balance-sheet liabilities and hidden inter-company loans.
Legal & Compliance
A factory is worthless if the land title is contested. Severe audit of property rights, subsoil licenses, sanitary protection zones, and tax encumbrances.
Technical & CAPEX
Highest risk today: hidden equipment degradation due to sanctions on Western spare parts. We audit physical machinery and calculate mandatory CAPEX to keep operations running.
Using the Audit as a Weapon.
Every discrepancy, hidden debt, or technical flaw we uncover is weaponized in negotiations. We use this data as direct leverage to aggressively discount the target valuation in the final SPA. If the asset is a toxic trap — we advise you to kill the deal immediately. Your cash preservation is our absolute priority.
We find the skeletons before you wire the funds.
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