Finance & accounting

Hire a due diligence expert in Greece and Cyprus

What the data room actually says about the target, established before you commit rather than discovered after.

Due diligence in Greece and Cyprus has its own texture: reporting quality varies widely and statutory filings tell only part of the story. A due diligence expert tests the financial and operational reality of a target, so the decision rests on evidence rather than on the seller's deck. What the work usually turns up:

Earnings that shrink once one-off items and owner arrangements come out
Management accounts that disagree with the statutory filings
Debt-like items the headline price ignores, from tax exposures to staff severance obligations
Key contracts that a change of owner can end

The due diligence experts on Hellenic Talent are elite professionals from Big 4 transaction teams, top consultancies and senior industry roles. They have read enough Greek and Cypriot accounts to know what the filings do and do not reveal.

What does a due diligence expert actually do?

Test the quality of earnings behind the numbers presented
Reconcile management accounts to the statutory filings and explain the gaps
Find the debt-like items and the working capital the price should reflect
Review operations for the problems that surface after completion
Flag what should move the price, the terms or the decision itself
Prepare sellers for diligence before the buyers start asking

How to choose the right due diligence expert

What to test in the first conversation, whoever you end up hiring.

Bridges reported to real earnings
Walks you from reported profit to sustainable earnings item by item, with each adjustment sourced.
Reads local statutory accounts
Knows where Greek and Cypriot statutory accounts tend to hide liabilities, such as staff severance and tax years still open to audit.
Findings priced, not listed
Turns each finding into an effect on the price, the terms or the protections in the agreement, not a long list.