Financial Due Diligence

Financial Due Diligence

We are able to provide support on deals as well as run deals independently


Our financial diligence team is comprised of a mix of professionals who have led deals for private equity / corporate clients in the India M&A space and professionals who have supported U.S. deals from India. This mix helps Windy Street deliver exceptional client service and execute a significant portion of the diligence while based in India. Our teams have experience across sectors (healthcare, retail, SaaS, manufacturing / distribution, etc.) and deal size (from single digit million $ deals to multi billion $ deals). Our team has senior managers with over 15 years of Big-4 deal experience and ~90% of our professionals have worked at Big-4 previously.


  • Buy-side financial diligence
  • Sell-side financial diligence
  • Vendor assist projects
  • SPA advisory and support
  • Review of Closing accounts


  • Quality of Earnings (QoE)
  • Defining the Working Capital target and analyzing historical Working Capital trends
  • Defining Net-debt or Indebtedness
  • Analysis of Revenue and key business drivers
  • Carve-outs and estimating stand-alone costs
  • Forecast and model sensitivity analysis
  • Data Analytics tools like Power Query, Power BI, Alteryx, etc.
  • Sector specific analysis like waterfall, retention analysis, etc.


  • Healthcare
  • Retail
  • Manufacturing
  • Distribution
  • Technology / SaaS, etc.

Windy Street will love to connect with you to set up a new service offering whether it be related to investment banking support, or data analytics, or anything else you need help with. We have successfully expanded to five service lines in the last two years and are excited to partner with you and grow our expertise in an additional service offering.