DD

Due Diligence

M&A

Turkish: Durum Tespiti

Abbreviation: DD

Short definition

Due diligence is the testing of financial, legal, tax, operational and commercial assumptions before a deal. It is a stress test of the price deck.

Detailed explanation

Scope, materiality and data-room quality bound the findings. There is no “clean DD”; there is how risk goes into price, indemnity or a walk-away.

Time pressure skips red flags. Vendor DD does not bind the buyer; independent confirmation is required.

Why it matters for the CFO

Closing without DD parks covenant and cash surprises after close. A finding is a price chip or a walk-away.

How to read it

The findings list updates the EV model. An unupdated model turns DD into theatre.

Related calculators

Güven Sayılgan’s writing on this topic

Read these first

What to learn next

  1. Financial Due Diligence (FDD)
  2. Share Purchase Agreement (SPA)
  3. Purchase Price
  4. Earn-out
  5. Synergy

Definitions are educational. They are not investment, credit or tax advice.