KPMG had its pencils sharpened as the new season of CBC’s Dragons’ Den kicked off last evening. As official advisers to the Dragons, KPMG provides assessments on prospective companies after a Dragon agrees to invest. KPMG provides the Dragons with the in-depth analysis necessary to uncover and understand what a company brings to the table before the deal is sealed.
“KPMG has been a trusted adviser to the Dragons for seven years. Since the Dragons invest their own personal money, we are there to ensure they have all the information needed to make sound and strategic business investments,” stated Dennis Fortnum, Canadian Managing Partner, KPMG Enterprise. “Most viewers are unaware of the extensive assessment conducted on the companies who make it through the Dragons’ Den. KPMG Enterprise is the official adviser to the Dragons. We complete full assessments and thorough evaluations as requested by the Dragons covering everything from the state of a company’s finances, to potential business risks, to criminal background checks and personal histories.”
KPMG supports the Dragons by:
- Conducting thorough assessments on prospective companies: reviewing finances, assessing potential business risks, and conducting criminal background checks and personal histories.
- Handling due diligence and risk assessment as requested by the Dragons.
- Allowing the Dragons to examine all aspects of a deal, including finance, tax and legal details.
- Performing personal background checks (criminal and civil histories) and conducting fraud and regulatory searches.
KPMG’s in-depth review of a prospective business enables the Dragons to make informed decisions about the companies they choose to invest in.