Katelyn Kerfeld


Katelyn’s experience managing due diligence projects includes buy-side quality of earnings, sell-side quality of earnings, working capital analysis, EBITDA analysis, financial statement analysis and reporting. Specific experience includes, but is not limited to, the following:

  • Project scoping and risk assessment
  • Identify and communicate both quantitative and qualitative transaction specific risks and findings
  • Asses the target’s ability to produce financial statements in accordance with U.S. GAAP
  • EBITDA and EBITDA adjustment analysis
  • Analysis of stand-alone costs for carve-out transactions
  • Working capital analysis and true-up calculations
  • Balance sheet testing and analysis
  • Analysis of historical, projected and pro forma financial measures used in determining key transaction terms and valuation
  • Analysis of target’s industry, operations, assets, revenues and cost structure to identify any business, operational and financial matters which impact the potential transaction


Bachelor of science in accounting from the University of Minnesota-Duluth

In the community

Certified Public Accountant in the state of Minnesota

American Institute of Certified Public Accountants (AICPA)

Minnesota Society of Certified Public Accountants (MNCPA)