TorchStone’s client, a large international hedge fund, was considering a substantial investment. As part of the deal, the client was to form a joint venture with a new partner that just happened to be pushing for a close as soon as possible.
A comprehensive due diligence investigation by the TorchStone team was expedited. TorchStone included in our report an in-depth assessment of not only the potential partner and opportunity, but also the regulatory bodies, the local public officials, and the environmental activist groups, all of whom would play instrumental roles in determining whether or not the investment would ultimately be successful and profitable to our client.
This extensive research and analysis included an examination of the regulatory agencies’ and public officials’ past postures and voting records; the opposition groups’ past strategies and tactics; and the broader climate of public opinion surrounding this proposed business venture. TorchStone’s quick and solid analysis provided our client with a concise view of the complicated landscape, and showed them that “the deal was too good to be true.”