Professional Legal Partnership & Law Firms
Financial Rigor Powering your M&A Deals & Disputes.
Safeguard the evidential weight of your clauses, substantiate purchase price adjustments, and fortify your clients' legal standing.
Audit-AAM operates in exclusive partnership with corporate law firms across mergers & acquisitions, financial due diligence (Buy-Side / VDD), statutory contribution and merger audits, business valuation, and forensic fraud investigations. Our certified statutory auditors substantiate and certify financial data to secure your SPAs, R&W warranties, and commercial disputes.
Partner Leadership
Direct Partner Engagement on Every Transaction.
Zero delegation to junior generalists. Every matter entrusted by our legal colleagues is personally led and co-signed by an equity partner.
Jean-Paul Lacombe
Managing Partner — Certified Public Accountant & Statutory Auditor
Technical Jurisdictions & Focus Areas:
- ▪ Statutory Contribution, Merger & Demerger Audits (Art. L. 225-147 French Comm. Code)
- ▪ Special Benefits & Corporate Transformation Audits
- ▪ Contradictory Shareholder Valuations & Expert Witness Reviews
- ▪ Fairness Opinions and Court-Certified Financial Reports
Sylvain Raynal
Partner — Transaction Services & Corporate Finance
Technical Jurisdictions & Focus Areas:
- ▪ Quality of Earnings (QoE) & Buy-Side / Vendor Due Diligence (VDD)
- ▪ Normalized Working Capital Peg Definition and Net Debt Perimeter Scoping
- ▪ Price Adjustment Mechanisms (Locked Box vs. Closing Accounts modeling)
- ▪ Acquisition Audits & Financial Safeguarding of Reps & Warranties (SPA)
Florian Lacombe
Partner — Legal Audit & Forensic Financial Investigation
Technical Jurisdictions & Focus Areas:
- ▪ Forensic audits, fraud investigations, and asset misappropriation tracking
- ▪ Financial flow reconstruction and Accounting Entry File (FEC) audit analytics
- ▪ Contractual compliance audits & post-acquisition dispute advisory
- ▪ 2026 Mandatory E-Invoicing Process Assurance & Data Integrity
Methodological Demonstration
Analytical Rigor & Technical Proof.
See how our financial modeling bridges the gap between accounting profit and normalized cash flow to substantiate your contractual terms.
Quality of Earnings: From Reported EBITDA to Actual Cash
Legal Impact on SPA & Price Adjustment Clauses
QoE adjustments allow legal counsel to substantiate net debt clauses, define a normalized Working Capital Peg, and safeguard Representations & Warranties.
Case Studies with Legal Counsel
3 Recent MattersSaaS Carve-out Quality of Earnings & Multiple Revision
In collaboration with a tier-1 Paris corporate law firm
A tech target undergoing LBO presented an EBITDA of €8.5M boosted by aggressive R&D capitalization and hidden non-recurring expenses.
Completed a 12-day Quality of Earnings (QoE) audit, normalized working capital, and reclassified €1.4M in recurring costs to operating expenses.
Secured a direct €2.1M purchase price reduction in the final SPA and co-drafted an airtight Representation & Warranty (R&W) structure.
Asset Contribution Audit & Exchange Ratio Certification for 3 Family Holdings
Partnership with a regional corporate law boutique
Complex merger of 3 family entities holding intangible IP, trademarks, and real estate assets with divergent valuation methodologies.
Conducted multi-criteria valuation (DCF, adjusted net asset, peer multiples) and delivered statutory contribution audit reports under urgent deadline.
Unanimous shareholder approval without minority opposition and complete fiscal immunity against tax requalification.
Partisan Expert Witness & Discovery of Pre-Closing Embezzlement
Retained alongside commercial litigation counsel
Suspicion of deliberate inventory write-downs and covert cash transfers by exiting management prior to equity transfer.
In-depth forensic FEC analysis, bank flow tracing, and ledger reconciliation spanning 36 fiscal months.
Produced conclusive forensic evidence for Commercial Court, triggering full indemnity activation and recovering €920,000.
M&A Assessment Tool
Due Diligence Readiness Calculator
Instantly gauge the financial deal readiness of your client or target to preempt friction points during SPA negotiations.
Closing Slippage Risks Identified
Key components (QoE, working capital, off-balance sheet items) require upstream audit scoping to prevent aggressive post-offer price re-negotiations.
Working on an active M&A deal or restructuring?
Our equity partners are available under strict non-disclosure terms for an initial scoping and technical evaluation discussion.