ANew York investment house was asked to raise funds for a newly formed British venture capital firm. Before the investment house would agree to a deal, they first wanted an expanded due diligence study done on the British firm and its principals.
Since the venture firm was brand new, Intelex focused its efforts on the firm's principals, compiling Executive Profiles on each member of the executive team.
Intelex was able to provide detailed histories on each member profiled. These profiles not only showed that there were no major red flags for the individuals being researched, they also uncovered serious derogatory information on another individual with the same name (and in the same industry) as one of the principals. Having this information in hand allowed the client to move forward with the fund raising while heading off any potential problems that might have occurred through mistaken identity.