CLIENT: Energy-Related Cost Optimization Solutions

Sapling was approached by a buy-out firm. The company was looking for a streamlined quality of earnings/due diligence report to assist in assessing the business opportunity

Businesspeople talking about renewable energy
Key Insights

We developed a detailed report analyzing various aspects of revenue and expenses, for diligence on the value recognized in financials and their reasonability assessment

The contractual revenues were identified and assessed on individual contract basis to understand the contract terms, re-compute the revenues to be recognized for each of them and the consequent deferred revenues for applicable cases

Incorporated and vetted both seller, and acquirer EBITDA adjustments, in addition to adjustments proposed as part of the due diligence process; which also included multiple discussions with management to investigate variances and clarify EBITDA adjustments

EXAMPLE: PROOF OF P&L
Latest Case Studies
  • Sell-Side Quality of Earnings
    • August 26, 2026

    A B2B distributor selling to major retailers in the U.S. engaged Sapling to perform a sell-side Quality of Earnings review to support the planned sale of the business. The engagement focused on reconstructing and validating historical financial performance using transaction-level data, bank activity, inventory records,...

  • Project Pipeline and 3-Statement Model
    • August 3, 2026

    A heavy civil construction contractor running operations across several entities asked Sapling to build a management model that delivers private equity-level, best-in-class budgeting and scenario planning. The goal was a 3-statement model and dashboard that builds up from the project pipeline, so the team could...