Add-on diligence moves faster than platform diligence, but the checks are the same: earnings quality, customer concentration, integration fit and management depth. Vouch runs the first pass on the target's documents and links every number to its source.
Add-ons fail on fit more than on price. Check systems, key people, customer overlap and whether the target's reporting can plug into your portco's close process.
Investment advisers keep books and records under Advisers Act Rule 204-2. Vouch keeps a signed, retained record of each output, its sources and its approvals for five years.