Done-for-you financial due diligence
Financial due diligence, done for you. Properly.
No one ever got excited to do FDD. So we built technology to do that for you. Cotexa verifies numbers, finds the issues and routes questions to the right person. Outsourcing is expensive. We're not as expensive. Winner.
Built for mid-market advisors
Findings
Financial due diligence · Example project
- Red flag
Net debt differs between management accounts and the bank statements
F-014 · Net debt
Routed to CFO
Question sent
2m ago
- Gap
No bridge between reported and adjusted EBITDA
F-011 · Quality of earnings
Routed to Accountant
Awaiting reply
14m ago
- Red flag
Customer contract has a change-of-control clause
F-009 · Commercial
Routed to Legal
Question sent
1h ago
- Gap
Working capital by month missing for the last quarter
F-007 · Working capital
Routed to CFO
Resolved
Yesterday
- Query
Capitalised development costs need supporting schedule
F-005 · Fixed assets
Routed to Accountant
Awaiting reply
Yesterday
- Query
Related-party transactions listed without counterparties
F-002 · Related parties
Routed to Legal
Resolved
Mar 14
- 10×
- faster than outsourced services*
- 75%
- cheaper than outsourced services*
- Every report
- signed off by Cotexa
* Cotexa’s own comparison against outsourced financial due diligence services.
The shift
Close the deal. Leave the work behind it to us.
Outsourced due diligence is slow, and it takes a slice of your fee for the privilege. Cotexa takes the work off your desk instead: we run the FDD process end to end and stand behind what we find.
You stay in front of the client and the deal. We deliver the analysis, the follow-ups and the report.
You upload
Send over the documents that need analysing. That is the whole brief.
We execute
Our technology and our deal and finance team do the FDD work.
You take it to market
A market-standard report, ready for the rest of the deal team.
How it works
Documents in. Signed-off report out.
- 01
Upload your documents
Create your deal and upload the full financial document suite (yes even the model.xls.finalFINAL.4)
- 02
Find, fix, verify
Cotexa's technology will analyse the data, cross reference against each other and public filings and verify the numbers you should put forward.
- 03
The right person gets the question
Each issue goes to the counterparty who has to fix it (accountant, CFO, legal), with the question already asked. Nobody has to forward an email chain.
- 04
Reformatting, no problem
If the model needs rebuilding with new verified data, we'll handle it.
- 05
We sign off the report
Cotexa signs off every report and model. You receive a market standard full FDD report, ready to go to battle with.
Multi-party by default
One platform. Everyone who needs a say gets one.
Every party with a stake in the FDD process sees the findings and works in the same place. Questions get answered where the findings live, not buried in a thread of forwards.
- Findings are visible to everyone who needs input
- Each issue is assigned to the party responsible for resolving it
- Questions are routed automatically to the accountant, CFO or legal advisor
Issue routing
3 parties · 1 shared workspace
Red flag
Reported EBITDA, net debt and a change-of-control clause need answers from three different parties
Identified by Cotexa · F-014, F-011, F-009
- AC
AccountantAwaiting reply
Can you provide the adjusted EBITDA bridge for the last three years?
- CF
CFOQuestion sent
Please reconcile net debt to the bank statements as at completion.
- LG
LegalResolved
Confirm whether the change-of-control clause needs consent.
Human accountability
A person signs off every report. Not a tool.
Our technology does the heavy lifting; people are accountable for the result. Every report is signed off by Cotexa before it reaches you, and we stand behind our findings.
We are deal makers, problem solvers, CFOs and accountants who have sat across billions of pounds of transactions. We know where due diligence tends to creak, and we would rather fix it than footnote it.
Signed off
Every report is reviewed and signed off by Cotexa.
Market standard
Reports are produced in a format ready to share with the deal team.
Deal-tested team
Deal makers, CFOs and accountants who have sat across billions of pounds of transactions.
We stand behind it
Our findings carry our name, not just a tool’s output.
Why Cotexa
Replace the outsourced service. Keep the fee.
Cotexa is 10× faster and 75% cheaper than outsourced services*, and we sign off every report.
Outsourced services
Cotexa
Takes part of your fee
75% cheaper*
Outsourced turnaround
10× faster*
Work done by a third party
Technology-led FDD with Cotexa’s deal team behind it
Report from a separate provider
Cotexa signs off every report
* Cotexa’s own comparison against outsourced financial due diligence services.
Where we are going
The execution platform for mid-market advisors.
We want to replace every outsourced service that takes a share of an advisor’s fee with Cotexa’s platform, so advisors can get on with closing deals instead of supervising the work behind them. Financial due diligence is where we start.
FAQ
Questions advisors ask.
What does “done for you” mean?
Exactly what it says. Cotexa handles all aspects of financial due diligence (analysis, follow-up questions and the final report) and stands behind the findings. You do not run the process yourself.
Why can’t I do this with Claude or ChatGPT?
Because “probably right” won’t do on a deal. Claude and ChatGPT generate responses probabilistically. Cotexa runs on a deterministic engine, so the numbers can be verified. It also puts each deal party in one shared workspace, with the findings and questions their part of the work needs. And we sign off the report and stand behind it.
Who is Cotexa for?
Mid-market advisors. We take on the due diligence work, so you can focus on closing the deal rather than the work behind it.
How do we get started?
Upload the documents that are ready to be analysed. Request a demo and we will show you how the process works.
How does multi-party collaboration work?
Everyone who needs input into the FDD process can access the findings and collaborate in a single platform. Cotexa identifies who is responsible for each issue (accountant, CFO, legal and others) and routes the question to them.
Who signs off the report?
Cotexa signs off every report, so you can have confidence in what you take to market. It is a market-standard FDD report, ready to share with the deal team.
What are the 10× faster and 75% cheaper figures based on?
They are Cotexa’s own comparison against outsourced financial due diligence services, not an independent benchmark.
Take the work behind the deal off your plate.
See how Cotexa gets you from uploaded documents to a signed-off FDD report. Ask for a demo and we will show you.