Transaction Advisory Services

Whether you are in growth/acquisition mode or have decided it’s time to sell your business, who do you trust to assess the financial records, quantify tax structuring savings, and eliminate potential deal roadblocks?

Our integrated TAS team has decades of experience in assisting corporate and private equity clients in financial, tax, information technology, and human resource/benefit due diligence on both the buy- and sell-side of M&A transactions. We work hand in hand with management, buyers, sellers, and third-party advisors to ensure our client remains informed and prepared throughout the M&A process. Our approach is flexible and tailored to our client’s specific needs – creating a long-term, professional partnership that usually lasts well after the deal closes.

Success Stories

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“I’ve been fortunate enough to only work with LBMC. We did work with other competitors of LBMC in the past but chose to partner with LBMC. We’ve worked together on six to eight deals at this point, and it’s always with Lisa Nix and her team. They are just very easy to work with and very responsive to our needs…I totally trust her insight, as does the rest of the PhyMed team. There is a very high degree of trust and confidence in the work that LBMC produces, and we use it for large multi-million dollar deal purchases. We have a great deal of faith in LBMC.”
Chris Farley, VP of Integration of PhyMed Healthcare Group


Our typical diligence scope would include:

  • Assessing the quality of earnings and free cash flow
  • Analyzing working capital trends and defining the working capital target
  • Identifying the key value drivers, risk areas, and opportunities for improvement
  • Discussing historical and future cash requirements (capex, liability exposures, etc.)
  • Supporting the accuracy of key management estimates and reserves
  • Assisting with the carve-out of excluded operations
  • Determining any red-flags that may hinder the expected close of the transaction
  • Documenting departures from GAAP and weaknesses in internal controls
  • Identifying potential tax exposures (income, state/local, payroll, property, and sale/use taxes)
  • Quantifying the impact of alternative transaction structures

Additionally, our diligence product can be bundled with purchase price allocations, cash flow modeling, IT risk assessments, HR/benefits comparisons, post-close integration, opening balance sheet audits, and other LBMC services.

Executive Team

Link to Lisa Transaction Advisory Services

Lisa Nix, CPA

Shareholder, Practice Leader Transaction Advisory Services

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phone icon email icon Nashville
Link to Stephen Transaction Advisory Services

Stephen Turner, CPA

Shareholder, Tax Services

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phone icon email icon Nashville
Link to Brian Transaction Advisory Services

Brian Marynowitz, CPA

Senior Manager, Transaction Advisory Services

phone icon email icon Nashville
phone icon email icon Nashville