Quality of Earnings (QoE)

Quality of Earnings isn't just about validating the numbers—it's about understanding the full financial picture behind a business. At Aspen Tree Advisors, we provide tailored QoE analyses for both buyers and sellers, equipping clients with the insight and confidence needed to execute successful transactions. From identifying hidden risks to highlighting value drivers, our work transforms raw financial data into strategic clarity.

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Buy-Side QoE

See the Real Story Before You Sign

Acquiring a business without a clear view of its financial reality is a risk you can't afford. Our Buy-Side QoE services help investors and acquirers uncover what's beneath the headline numbers. We assess revenue quality, earnings sustainability, working capital trends, customer dependencies, and adjustments that impact EBITDA and valuation. You'll walk into negotiations armed with insight—not assumptions.

We tailor each report to align with your investment thesis, highlighting deal-critical issues and potential red flags early in the process. With experience in 400+ transactions, we bring the sharp eye and commercial judgment needed to validate your investment decision and avoid post-close surprises.

Sell-Side QoE

Tell a Clearer, Stronger Story

When preparing to sell your business, clarity is your greatest asset. Our Sell-Side QoE services help owners and management teams present financials with confidence and credibility—reducing buyer skepticism, accelerating diligence, and protecting value. We anticipate the questions buyers will ask, and we help you answer them proactively with data that stands up to scrutiny.

From cleaning up one-time adjustments and normalizing earnings to supporting your financial narrative with reliable data, our reports build trust and momentum throughout the sale process. For private equity-backed companies, founder-led businesses, and middle-market firms alike, we help you step into diligence prepared—not reactive.

Strategic Clarity Starts Here

Whether you're evaluating a potential acquisition or preparing for an exit, Aspen Tree Advisors delivers more than just a report. We deliver clarity, credibility, and a playbook for navigating complex financial terrain with confidence.

Contact us today to learn how our Quality of Earnings services can support your strategic goals.