Autonomous M&A Diligence · Competitor Moat Analysis
Diligence on one target, built from SEC filings and federal court dockets rather than search results. Every finding cites a source you can open, and every gap in the record is named. Under 24 hours, $1,500, fixed scope.
20–30
Pages per dossier
< 24 hrs
Standard turnaround
40–60
Sources read per target
100%
Findings traced to a source
Core intelligence pillars
Every engagement is assembled from the same four pillars. Where the evidence does not support a conclusion, the dossier states that directly.
The financial picture assembled from the public record, with undisclosed items identified rather than estimated.
Who the target competes with, on which axis, and whether its differentiation holds in the market.
Specific failure modes, rated for severity and likelihood, each with the mitigation that would bound it.
One page for the decision-maker: the conclusion first, the confidence stated, the next steps defined.
Sample deliverable
Every engagement lands the same way: a confidential brief that leads with the decision, prices the risk, and shows its working. Move through the tabs to see each layer.
Read the full dossierConfidential Intelligence Brief
VS-251118-MPG · Illustrative sample
Target · Lower-mid-market payments
meridianpay.example · M&A due diligence · Depth: deep
Risk grade
A−
High moat / regulatory friction
Executive thesis
Meridian is a credible platform asset whose growth is real and whose revenue base is more fragile than the headline suggests.
Net revenue grew roughly 38% to an estimated $61.4M in FY2025 on genuine volume expansion, not price. But 58% of that revenue sits with two accounts, both of which term within fourteen months, and take rate has compressed twelve basis points while two interchange rulemakings remain open. The moat — ledger infrastructure and deep WMS-style integrations — is real and raises switching costs materially.
Recommendation: proceed to confirmatory diligence, but treat the customer waterfall and the renewal calendar as gating items, not as post-signing cleanup.
Overall confidence
Medium
No audited statements after FY2024; FY2025 figures are management-reported and unverified.
Gating actions
Illustrative sample. Meridian Payments Group is a fictional composite; figures are representative of report structure, not of any real company.
Methodology
Retrieval and synthesis are automated across dozens of sources, with filings and dockets drawn from the registries themselves. An analyst reviews every dossier before delivery.
Gaps in the record are named in the dossier, not filled.
You name the target and the questions that matter to your decision. Scope is agreed in full before the work begins.
Filings and court records are pulled directly from the registries, and the highest-value documents are read in full. Typically 40–60 sources per target.
Every source is graded for relevance and reliability before drafting begins. A company's own filing outranks its marketing; duplicates and low-value material are dropped.
The dossier is written against the graded evidence base — every finding numbered to its document, every section carrying its own confidence rating.
Sources of record
Two of the three sources below are official registries, queried directly. Material claims rest on filings and dockets, each cited to the document it came from.
Most lower-middle-market targets are private and file little or nothing. The dossier states what the record does not cover, and the confidence rating reflects it.
Engagements
No hourly billing, no scope creep, and no discovery call required before you know the price. Select an engagement and work begins the same day.
One target, examined in full. For a live deal, a board question, or a competitor you need to understand this week.
Standing coverage of your search thesis — five companies in your band, monitored for the signals that precede an owner sale.
Multi-target programmes and bespoke scopes are quoted directly. NDAs signed on request before any brief begins.