Client success · Financial Statement Audit · M&A Due Diligence · Deal closed mid-2026
At a glance: a $100M+ revenue company, a nine-figure acquisition by a publicly listed European company, and a top-10 international accounting firm that reviewed our audit for the buyer and found no issues. The deal closed in mid-2026.
The client
A privately held company with more than $100 million in annual revenue. VG CPA PC served as its independent auditor.
The challenge
The company agreed to be acquired by a publicly listed European company in a nine-figure transaction. During buy-side due diligence, the buyer questioned whether it could rely on the company's audited financial statements.
The review
The buyer engaged the European office of a top-10 international accounting firm to examine our audit. Their team traveled to the U.S. and reviewed our audit work papers, procedures and conclusions.
The result
The buyer's advisors identified no issues with our audit, and the buyer relied on our audited financial statements. The acquisition moved forward and closed in mid-2026.
Why it matters for business owners
When you sell your company, your audit is tested by the buyer's advisors. If they can't rely on it, a deal can be delayed, repriced or lost.
VG CPA PC is a PCAOB-registered CPA firm, and we perform every audit under professional standards so it holds up when the buyer's advisors examine it.
Whether you are planning an exit in the next few years or already preparing for sell-side due diligence, an audit-ready company gives buyers confidence. We audit privately held, mid-market companies, including companies with more than $100 million in annual revenue, from our offices in Northern Virginia, Washington, DC and New York.
Planning a sale or acquisition? We provide financial statement audits, reviews, and M&A support including due diligence, quality of earnings (QoE) and valuations. Talk to an advisor
Questions business owners ask
Can a buyer rely on my company's existing audit in an acquisition?
Often, yes, if the audit was performed under professional standards. Buyers usually have their own advisors review the audit work papers during due diligence. In this case, a top-10 international firm reviewed our audit and the buyer relied on it.
What does a buyer's accounting firm check in due diligence?
They review the auditor's work papers, procedures, evidence and conclusions to decide whether the audited financial statements are reliable for pricing and closing the deal.
Does VG CPA PC audit larger companies?
Yes. Our audit clients include privately held companies with more than $100 million in annual revenue, and a publicly listed European acquirer has relied on our audit in a nine-figure deal.