QRI supports companies and investors to vet deal partners, and we background management teams and asset managers. Our intelligence gathering goes beyond simple database searching. In addition to looking for evidence of litigiousness and criminal and regulatory actions, for instance, we look for undisclosed corporate affiliations, hidden liabilities, conflicts of interest, material misstatements and omissions, and potential exposure to violations of the Foreign Corrupt Practices Act and the UK Bribery Act.
QRI discovered that the foreign owners of a manufacturer who proposed a joint venture with our client had a history of fraudulent behavior, misrepresented their credentials, and were sanctioned by financial regulators. As a result, our client canceled plans for the venture.