M&A Diligence
Kevin Hutchins Adjunct Professor at Santa Clara University’s Leavey School of Business
The practical curriculum and empirical examples drive engagement during this M&A Master Class, which delivers an end-to-end look at the diligence process. The tactics and methods that are shared throughout this program provide a well rounded confirmatory basis for an acquisition and unique insights on post-close value creation challenges and opportunities.
- Improve your ability to design an effective diligence process
- Learn to effectively identify risks to the value drivers and bias in the deal model
- Properly validate the investment thesis and synergies

Friday, May 9, 2025 | 10:00 - 3:30 (CST)
Live Online
Setting M&A diligence objectives and approach
- Confirming the deal thesis and strategic rationale
- Evaluating the target's standalone forecast and synergy thesis
- Methods for linking diligence with an end-to-end integration assessment
- Mapping diligence phases, setting timelines, and structuring the team
- Identifying positive and negative bias in diligence assessments
- Adjusting the M&A diligence approach for various deal types
Quality of earnings diligence and risk identification methods
- Conducting commercial diligence including market and customer assessments
- Evaluating sources of cash, seasonality, and operating / non-operating cash flows
- Assessing recurring / non recurring revenues, AR, AP and inventory roll forward
- Performing operational diligence including production, inventory, and supply chain
- Evaluating culture, leadership, skills, and human capital assets and liabilities / risks
- Reviewing regulatory and legal risks including litigation and change in control limitations
- Technology assessments including IP ownership and quality of code
- Accounting positions, audit quality, and financial governance
- Tax positions and risk allocation
- FCPA diligence methods
Advanced diligence techniques
- Methods for assess scalability and post-close growth obstacles
- Unlocking additional sources of value beyond the primary deal drivers
- Applying diligence findings to the synergy model and integration plans
- Identifying and addressing potential issues and risks in the diligence process
- Using AI and M&A technology platforms to improve diligence
- Institutionalizing key concepts and best practices
The Institute is an accredited provider of CLE in Illinois. This M&A Master Class offers 4.75 CLE credits. An Illinois certificate will be issued. If you are licensed in another state, please check for reciprocity regarding continuing education credits.

Kevin Hutchins Adjunct Professor at Santa Clara University’s Leavey School of Business
Professor Hutchins teaches courses on mergers, acquisitions and restructuring for MBA and Masters of Finance programs. In addition, he serves as Senior Vice President of Strategy and Corporate Development at Juniper Networks (NYSE: JNPR), where he is responsible for driving the company’s inorganic growth through strategic partnerships, venture investments and acquisitions/divestitures.
He has been teaching for the Institute since 2019.
“The M&A Diligence Master Class led by Kevin Hutchins was incredibly informative and provided a great forum for exchanging experieces across companies in the M&A space."

Director, Mergers & Acquisitions Finance
Microsoft

Deal Lead, Corporate Development
Block

Senior Associate, Corporate Strategy
Samuel, Son & Co.

M&A Manager
Beacon Mobility

Sr Director of Strategy & Corporate Development
Worthington Steel

Vice President Corporate Development
Culligan

Corporate HR M&A, Global Project Manage
DuPont