Selecting the right financial due diligence provider is critical when acquiring a business. A thorough Quality of Earnings analysis reveals whether the seller’s reported profits are real, sustainable, and accurately represented.
The wrong choice can mean missed red flags, delayed timelines, and costly surprises after closing. Your due diligence partner should act as your first line of defense against overpaying.
OGSCapital and WebAcquisition both offer Quality of Earnings reports and buy-side financial analysis. This comparison examines how their services stack up for serious acquirers looking to protect their investment and close with confidence.
Overview of OGSCapital and WebAcquisition
Both firms provide buy-side financial due diligence and QoE reports designed to protect buyers in M&A transactions. Neither firm brokers deals or represents sellers, which removes conflicts of interest that can cloud judgment during the acquisition process. When your due diligence provider has no stake in whether the deal closes, you receive unfiltered analysis focused entirely on your interests as the buyer.
OGSCapital operates as a broad-spectrum business consulting firm with due diligence as one of several service lines. The firm works with private equity, search funds, family offices, and individual buyers across traditional and online business sectors. Their consulting offerings extend well beyond due diligence into business plan creation, feasibility studies, and fractional CFO services.
We operate as a dedicated M&A due diligence firm focused exclusively on helping buyers acquire businesses with confidence. Our team works with individual acquirers, private equity firms, and holding companies across both online businesses and physical SMBs. Every service we offer connects directly to the acquisition process.
OGSCapital’s Financial DD Services
Company Overview
OGSCapital was founded in 2006 by a team of eight partners with backgrounds at major investment banks and consulting firms including Goldman Sachs, Morgan Stanley, Bain, and Deloitte. The firm has now been operating for over 18 years and has completed more than 5,000 projects across various consulting services.
The firm states it has served 200+ due diligence clients across more than 40 industries. OGSCapital positions itself as a full-scope consulting company, meaning financial due diligence sits alongside business plan writing, feasibility studies, pitch deck creation, and fractional CFO services. This breadth of offerings distinguishes OGSCapital from firms that focus exclusively on M&A due diligence.
Team & Experience
The OGSCapital team currently includes approximately 60 consultants. Their about page indicates the team is composed of MBA holders from top-tier programs, along with certified CFAs, CPAs, and ACCA members. Each senior team member has more than 15 years of industry experience according to their website. The firm maintains offices in the United States, United Kingdom, and Canada.
Full QoE Report
For financial due diligence, OGSCapital offers a range of services including Full Quality of Earnings analysis, working capital analysis, net debt review, and business valuation. Their QoE process covers normalized EBITDA calculations, revenue sustainability testing, margin analysis, and identification of one-time or non-recurring items. The firm emphasizes that their reports are designed to meet institutional standards expected by lenders and investment committees.
OGSCapital states that their approach goes beyond surface-level financial reviews. They test revenue durability, assess cash flow sustainability, and examine each component of normalized EBITDA. The firm indicates their methodology includes data triangulation and stress-testing of financial assumptions.
Deliverables
OGSCapital services include a comprehensive PDF report supported with an Excel analysis. The firm states its reports are structured to meet institutional standards used by U.S. lenders, private equity firms, and investment committees. Their reports include EBITDA adjustment schedules, revenue breakdown analysis, and risk identification.
Turnaround Time
Regarding turnaround time, OGSCapital indicates that a standard QoE takes two to four weeks from kickoff to draft delivery. However, this timeline can extend based on deal complexity, data quality, and the completeness of information provided by the seller. Complex transactions or those with disorganized financials may require additional time.
Pricing
Pricing is not publicly disclosed on the OGSCapital website. Buyers must contact the firm for a custom quote. Based on industry standards for SMB Quality of Earnings reports, pricing typically ranges from $25,000 to $35,000 or higher depending on deal size and complexity. The firm operates on a custom-quote model rather than published pricing tiers.
Additional Services
OGSCapital was previously a due diligence partner for Flippa.com, conducting buy-side due diligence for transactions on that online business marketplace. The firm also offers additional services beyond financial DD, including business plans for SBA loans and immigration applications, ICO consulting, confidential information memorandums, and private placement memorandums.
This range of services reflects OGSCapital’s positioning as a general business consulting firm rather than a specialized M&A due diligence provider.
WebAcquisition’s Financial DD Services
Company Overview
We have been in the M&A space since 2008 and have reviewed over 1,000 deals across both online and physical service businesses. Our team has facilitated more than 220 exits through direct, hands-on experience acquiring and selling businesses. This is not theoretical knowledge gained from textbooks or consulting frameworks. We have written checks, signed purchase agreements, and operated the businesses we bought.
Our lead founder, Mushfiq Sarker, has personally completed over 220 exits and performed due diligence on more than 1,000 businesses since 2008. This depth of transaction experience informs every report we produce. When we flag a concern about customer concentration or question a seller’s addback, it comes from seeing those exact issues play out in real acquisitions.
Team & Experience
Our team structure is different from traditional consulting firms. We combine CPAs with active operators who currently own and manage their own business portfolios. Every analyst on our team has bought, operated, and sold businesses within the past 12 months. This means you receive analysis from practitioners who understand the real challenges of running a business, not just consultants reviewing spreadsheets from a distance.
Service Structure
We offer modular financial due diligence services so buyers can match the scope of analysis to their specific deal. Not every acquisition requires the same level of scrutiny, and our service tiers reflect that reality. A $300,000 content site does not need the same $25,000+ engagement as a $3 million manufacturing operation.
Full QoE Report ($8,900+)
Our Full QoE Report starts at $8,900 and is delivered within 2-3 weeks. This engagement includes both a working Excel workbook and a comprehensive PDF report formatted for lenders and SBA approval. The analysis covers earnings quality and performance evaluation, cash and banking verification with a Proof of Cash component, cost structure and margin analysis, customer and vendor concentration assessment, balance sheet and working capital review, inventory and capital expenditure analysis, liabilities and contingencies identification, and a high-level tax review.
QoE Lite Report ($6,490+)
Our QoE Lite Report starts at $6,490 and delivers a working Excel document with targeted commentary. This option is ideal for buyers who need solid financial validation on smaller deals without a full PDF report. Coverage includes financial validation, revenue analysis, operating expense review with focus on employees and contractors, broker addback validation, working capital estimation, key cost area review, and basic tax review for the past two years.
Additional Services
We also offer P&L Reconstruction as a standalone service for deals where the seller’s bookkeeping is disorganized or incomplete. Many small business owners do not maintain clean financials. They mix personal and business expenses, use inconsistent categorization, or lack proper documentation. A P&L Reconstruction provides clarity on actual revenue and expenses before committing to a deeper analysis. Buyers can start here and escalate to QoE Lite or Full QoE once the baseline numbers are established.
Additional offerings include Business Appraisal for fair market value determination and Acquisition Financing Support for buyers who need assistance securing funding for their deal.
Transparency Note
We publish sample reports on our website so buyers can evaluate the quality of our work before engaging. Transparency matters. If a firm will not show you examples of their deliverables, you are buying blind. We are paid strictly for analysis and receive no commissions or fees tied to whether a deal closes. Our only incentive is to give you an accurate picture of the business.
OGSCapital vs WebAcquisition: Comparison
Comparison Table (Financial DD Focus)
| Factor | WebAcquisition | OGSCapital |
| Founded | 2008 | 2006 |
| Years in Operation | 17 years | 19 years |
| Deals Reviewed | 1,000+ (public/verifiable) | 200+ DD clients cited |
| Team Composition | CPAs + active operators with 220+ exits | 60 MBA consultants with Big 4/consulting backgrounds |
| Full QoE Turnaround | 2-3 weeks | 2-4 weeks (can extend based on complexity) |
| Full QoE Deliverables | Excel workbook + PDF (lender/SBA ready) | PDF report + supporting Excel |
| Full QoE Starting Price | $8,900+ | Not disclosed (industry range: $25k-$35k+) |
| Modular Options | Yes (P&L Reconstruction, QoE Lite, Full QoE) | Limited (primarily full-scope engagements) |
| Sample Reports Available | Yes (public on website) | Not publicly available |
| Business Focus | Online + Physical SMBs | Traditional SMBs + Online (SaaS, eCommerce) |
| Additional Services | M&A focused (deal sourcing, LOI review, appraisals) | Broad consulting (business plans, feasibility, fractional CFO) |
| Pricing Transparency | Published starting prices with custom quotes | Contact for quote only |
Summary of Key Differences:
- We deliver Full QoE reports in 2-3 weeks; OGSCapital indicates 2-4 weeks with potential for longer timelines on complex deals
- Our team combines CPAs with operators who have 220+ personal exits; OGSCapital’s team consists of MBA consultants with Big 4 and investment banking backgrounds
- We publish sample reports on our website so buyers can evaluate quality before committing; OGSCapital does not make samples publicly available
- Our track record of 1,000+ deals is public and verifiable; OGSCapital cites 200+ due diligence clients across their consulting history
- OGSCapital offers broader consulting services including business plans, feasibility studies, and fractional CFO; we focus specifically on M&A due diligence with modular financial DD options
- We provide transparent starting prices on our website; OGSCapital requires buyers to request a custom quote with no published pricing
We Provide Faster Turnaround, Operator Experience, and Modular Financial DD
Why Choose WebAcquisition
If you value speed, practitioner insight, and pricing transparency, we are built to serve your acquisition needs.
Our CPA-led team has collectively completed over 220 exits. We do not just analyze deals from the outside. We have sat in your seat as buyers, negotiated with sellers, navigated lender requirements, and operated the businesses we acquired. That experience shapes how we approach every QoE engagement. We know what matters because we have lived through the consequences of missing it.
What We Catch
With 1,000+ deals reviewed since 2008, we have encountered the red flags that derail acquisitions. Revenue manipulation through timing games or channel stuffing. Inflated addbacks that assume the new owner will magically reduce expenses. Hidden liabilities buried in accrued expenses or off-balance sheet arrangements. Customer concentration risk where one client represents 40% of revenue. Unsustainable expense structures propped up by the owner working 80-hour weeks.
Deliverables & Turnaround
Our QoE reports are built for lenders and investors. If you are pursuing SBA financing or presenting to equity partners, our deliverables are formatted and ready to submit. No reformatting required. No additional work on your end. And we deliver in 2-3 weeks, keeping your deal on schedule rather than waiting a month or longer for analysis.
Modular Service Structure
Our modular approach means you pay for what your deal actually needs. Start with a P&L Reconstruction if the books are messy. Move to a QoE Lite for focused analysis on smaller deals. Escalate to a Full QoE when the transaction warrants comprehensive scrutiny. You control the scope and the investment.
Learn More
For buyers researching what goes into a proper earnings analysis, our guide on Quality of Earnings Checklists breaks down the key components every buyer should understand before engaging any provider. Understanding these elements helps you ask better questions and evaluate deliverables more effectively.
We catch red flags that others miss. That is our commitment to every buyer we serve.Ready to see the difference? Request a sample report or book a free consultation to discuss your specific deal requirements.
