Working Capital: What Buyers Need to Know Before Closing

Cayne Crossing’s Derek Pitts and Chris Williamson return for their third Acquiring Minds webinar—this time, to unpack how working capital moves from a financial concept to a critical part of the deal.

They walk through how working capital affects enterprise value, how a target is established, and how those negotiations ultimately translate into the purchase agreement and post-closing cash flow.

Topics covered:

• How working capital can affect enterprise value
• The mechanics of setting and negotiating a working capital target
• How working capital terms are reflected in the purchase agreement
• The impact of working capital on cash flow after closing
• How the working capital true-up process works

You’ll leave with a clearer understanding of how working capital shapes a transaction from LOI to close—and what to watch for along the way.