Expert network

A set of people with specialist knowledge - operators, engineers, clinicians, lawyers - whom an investor can consult to check claims during diligence.

Example

Calling a former hospital procurement director about typical sales cycles.

Important

Protect company confidentiality and check experts for conflicts of interest.

Related terms

  • Independent verification — Confirming a claim against a source that was not produced by, and has no stake in, the transaction - a bank statement, a public register, a counterparty, a regulator.
  • Confidentiality — The obligation not to disclose or use information learned in one relationship for another purpose.

Lessons that explain it

  • The right expert on one call can change a diligence conclusion — An expert bench is a set of people with deep knowledge in your focus areas - operators, engineers, clinicians, lawyers - who can help check claims quickly. It is built before it is needed and treated with respect. (9 min)

All 578 terms in the Investing glossary