Completed
Duration: 8 min 12 sec
Executive Summary
The due diligence review of 12 documents related to the Andersen Acquisition identified 6 findings across environmental, employment, financial, and intellectual property areas. The target company demonstrates a strong overall financial position with stable revenue growth and healthy margins. However, two high-priority issues require immediate attention: the Aarhus facility lacks current environmental compliance certificates, and employment contracts for three senior executives do not include non-compete clauses, creating retention risk post-acquisition. Additionally, the accounts receivable aging profile and unexecuted IP assignment agreements represent medium-priority items that should be resolved prior to closing.
Findings
High
Missing environmental compliance certificates for Aarhus facility
Action: Request current certificates from seller
High
Employment contracts for 3 senior executives lack non-compete clauses
Action: Negotiate amendment prior to closing
Medium
Accounts receivable includes DKK 2.3M in 90+ day overdue invoices
Action: Request detailed aging report from seller
Medium
IP assignment agreements not executed for 2 patents filed in 2024
Action: Verify assignment status with patent counsel
Low
Minor inconsistencies in board meeting minutes format
Action: Note for closing checklist
Low
Insurance policy renewal due within 30 days of projected completion
Action: Set calendar reminder for renewal
Documents Analyzed
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PDF
Share Purchase Agreement v5
✓
-
PDF
Environmental Report v2
✓
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PDF
Employment Agreements — Key Personnel
✓
-
XLSX
Financial Statements 2025
✓
-
PDF
IP Portfolio Summary
✓
-
PDF
Board Minutes 2024–2025
✓
-
PDF
Insurance Schedule
✓
-
PDF
Real Estate Title Deeds
✓
-
DOCX
Tax Compliance Certificates 2023–2025
✓
-
PDF
Material Contracts Summary
✓
-
PDF
Litigation Overview
✓
-
XLSX
Customer Contracts — Revenue Breakdown
✓