Rupanshu M.
M&A FDD & QoE Specialist | Ex-Big 4 | SMB Deals
I help investors, search funds, and acquirers make confident acquisition decisions through clear, decision-oriented Financial Due Diligence and Quality of Earnings (QoE) analysis. I am a Chartered Accountant with ex-EY Financial Due Diligence experience, supporting buy-side and sell-side transactions across SMBs, SaaS, and services businesses. My focus is simple: 👉 normalize earnings 👉 identify deal risks 👉 explain financials in plain English 👉 support price and structure negotiations 🔍 What I Deliver Quality of Earnings (QoE) analysis Cash-to-accrual conversion EBITDA normalization & adjustments Revenue recognition & sustainability review SaaS MRR analysis (new, churn, expansion, contraction) Working capital analysis & normalized WC peg Proof of cash & financial tie-outs One-time, non-recurring & owner-related adjustments Investor-ready diligence reports & databooks 📊 Selected Deal Experience Buy-Side QoE – Services Business (~$3m revenue) • Converted cash-basis books to accrual • Identified overstated EBITDA due to deferred expenses and aggressive add-backs • Normalized EBITDA reduced by ~18%, supporting price renegotiation SaaS Financial Due Diligence • Built monthly MRR bridge and cohort analysis • Assessed churn risk, customer concentration, and revenue quality • Highlighted sustainability risks impacting valuation multiple Lower-Middle-Market Acquisition Support • Normalized working capital and seasonality impact • Identified timing risks affecting cash flows • Provided negotiation inputs used in SPA discussions Clients value both the quality of analysis and clarity of communication. As one client shared: “His insights significantly enhanced the quality of the financial due diligence report, and his deep understanding of the business ensured a thorough analysis.” Another client noted: “Rupanshu has done a good job of doing the audit of the company and coming up with detailed results.” 🧠 Background I have 8+ years of post-qualification experience, including Big 4 (EY) Financial Due Diligence, working on transaction support, QoE, working capital, and financial risk assessment. I combine Big-4 rigor with freelancer flexibility. 🤝 Best Fit For Private equity & independent sponsors Search funds & first-time buyers Strategic acquirers Investors acquiring businesses with $0.5m–$10m revenue If you want Big-4 quality diligence without Big-4 fees, let’s talk.
Earnings and projects
Last 6 months ÷ 6
Last 6 months: $1.3k
Billed in all: $6,182$6.2k
$426 in the last 6 months
Across 6 contracts
Across 16 contracts
Earnings, last 30 days
Skill rankings: Top 19% in Alteryx, Inc.
Ranked by MRR among everyone on Upwork with the skill.
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