Underwriting operational reality, eliminating abort fees, and building Day-1 EBITDA blueprints for lower-mid-market PE deal teams and direct-investing family offices.
Most commercial due diligence (CDD) reports are 100-page academic exercises that examine TAM and macro market trends, but fail to answer the most critical question:
Financial audits tell you what happened historically. We tell your Investment Committee what breaks tomorrow.
What client relationships walk out the door when the founder leaves?
Which pro-forma add-backs are recurring operational overhead in disguise?
Where are the productivity ceilings and unpriced capex liabilities?
Three focused engagements. Clear decisions before commitment. Practical execution after close.
High-volume deal qualification before spending diligence capital.
Deep operational investigation during exclusivity / post-IOI.
Post-close execution and operational governance.
“We do not run theoretical consulting exercises. We deliver clear, unvarnished operational underwriting that protects equity value.”
Alderwick Advisory was founded by Richard Tunnah, a seasoned operator who bridges the gap between institutional private equity and boots-on-the-ground operational execution.
Evaluated over 1,000 acquisition targets across two London mid-market private equity platforms managing £250M in assets.
Seven business exits — six bootstrapped businesses and one acquired business — with firsthand experience of scaling, team integration, and founder transitions.