Daily Due Diligence
Practical due diligence thinking for sponsors, lenders, operators, and advisors facing high-stakes decisions.
What Daily Due Diligence Is
Daily Due Diligence is the editorial publication of Sheepdog Prosperity Partners.
It is built for sponsors, lenders, operators, family offices, search funds, and advisors who need sharper thinking around diligence, underwriting, transaction risk, and decision quality.
We focus on the mechanics that matter: cash flow, collateral, control, evidence, legal structure, operational fragility, and the red flags that change how a deal should be priced, paused, restructured, or declined.
Daily Due Diligence is where SPP publishes practical frameworks, observations, and decision-oriented analysis drawn from the real mechanics of diligence work. The goal is not volume. The goal is sharper judgment before capital, time, or reputation is committed.
Who It Is For
- Sponsors
- Lenders
- Operators
- Family offices
- Search funds
- Asset managers
- Counsel and transaction stakeholders
What We Cover
Earnings quality
Working capital and net debt
Receivables and borrowing base diligence
Servicer and operational risk
Fraud and red-flag analysis
Specialty / esoteric asset diligence
Latest Insights
June 5, 2026
Operation Double Helix and LabSolutions: Why Lab EBITDA Can Hide Order-Source Risk
The LabSolutions sentencing shows that a laboratory's most dangerous liability may sit entirely outside the lab itself -- in the broker contracts,…
June 4, 2026
Private Equity Healthcare Rollups: A Buyer Diligence Guide Before You Sign
Five public enforcement and oversight matters show what happens when the rollup thesis outpaces the legal and operational facts. Here is how to test the…
June 3, 2026
DOJ Healthcare Fraud Takedowns: A Buyer Diligence Guide for Clinics, Labs, Telehealth, and Addiction Treatment
Healthcare revenue can look recurring, reimbursable, and scalable. The DOJ enforcement record shows why buyers need to test how that revenue is produced…
June 2, 2026
Robert Morgan: Follow The Renovation Dollars
When a real estate offering says your capital will improve a specific property, the diligence question is not whether the sponsor believes that. The…
June 1, 2026
EquityBuild: Collateral Position Beats Brochure Yield
The EquityBuild enforcement record is a diligence lesson about promissory notes, real estate collateral, title, lien position, and whether investor…
May 31, 2026
Woodbridge: When The Third-Party Borrower Is Really A Sponsor-Controlled Risk
The Woodbridge enforcement record is a diligence lesson about real estate lending deals, borrower ownership, recorded collateral, and whether investor…
May 30, 2026
NRIA: When Marketing Yield Needs A Project-Cash Reality Check
The NRIA enforcement record is a diligence lesson about promised returns, distribution sources, financial statements, and whether real estate project…
May 29, 2026
Nightingale And CrowdStreet: Escrow Is Not A Formality
When a property-specific crowdfunding raise ends in a federal guilty plea, the lesson is not about real estate underwriting. It is about who controls the…
May 28, 2026
Real Estate Syndicator Diligence Guide: What To Check Before You Wire
Five major SEC enforcement matters and the public record behind them reveal a repeating pattern: investor money moves before controls are tested.
May 27, 2026
Envision and EmCare: Successor Diligence After a Physician-Staffing FCA Settlement
What a 2017 DOJ settlement about hospital admission recommendations tells buyers about inherited billing risk, corporate integrity obligations, and…
May 26, 2026
Steward and Cerberus: The Sale-Leaseback Cautionary Tale for Healthcare Rollup Buyers
When a hospital platform files for bankruptcy, the diligence failure is rarely a single bad decision. The Steward story shows how rent burden, deferred…
May 24, 2026
Patient Care America and Riordan Lewis: When Investor Conduct Touches the Billing Mechanism
The Patient Care America settlement is a practical False Claims Act diligence case for PE-backed healthcare platforms: marketing economics, commission…
Frameworks & Tools
The Sheepdog DD Framework
Coming soon
Receivables and Borrowing Base Review Template
Coming soon
If you need a sharper diligence frame for a live transaction, credit decision, or risk question, start with a Discovery call.