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Background
A global private equity firm was considering an investment into an automotive parts distributor in Europe. The client wanted assurance that the target’s management was not implicated in labor-rights issues, corruption, or other illicit practices.
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Action
No discernible indications of improper conduct were found, and Veracity’s inquiry corroborated the target’s positive reputation.
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Results
The client was able to enter into an investment across multiple European jurisdictions, thereby enhancing its portfolio.