Does anyone have experience with due diligence on machinery and equipment?

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June 28, 2024

by a searcher from Columbia University - Columbia Business School in New York, USA

I'm considering a manufacturing company and I need to hire a firm to do an assessment of the condition of the equipment in the factory. I come from the finance industry and this isn't a skill set that I have. I'm not looking for a valuation per se, instead, I need someone to tell me if its all in good working order and what will need to be replaced soon. Appreciate any referrals to firms that can perform this service.

Thanks,
Rich

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Reply by a searcher
from Texas A&M University in Surprise, AZ, USA
Lots of unknowns here. You could have the seller extend a warranty period in the deal, an equipment appraiser or inspector could be of use here.


potential resources

Tiger Group
Rabin Worldwide
Heritage Global Partners

You could also see if a rep from the actual manufacturer could take a look.
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