Know the cost of the deal while you can still act on it.

Advilink is live cost and scope control for M&A diligence. It reads the fee letters, engagement letters and invoices as they arrive, keeps committed and actual spend current against scope, and drafts the IC-ready cost story, without chasing anyone.

Built for the teams who own the diligence budget
Private equityIndependent sponsorsSearch fundsCorporate developmentInfrastructure PE
/ The product

Advilink is the live operating layer for diligence cost. Set the deal up once. Advilink then reads each advisor update, fee letter and invoice as it lands, and keeps budgeted, committed and actual spend current against scope.

/ The budget control surface

One deal. Every workstream, advisor and pound, in one current view.

01 The problem

Advisory fees run to 3–8% of deal value. Most of it is tracked in spreadsheets and inboxes.

When you run diligence on a deal, you hire legal, tax, financial, commercial and environmental advisors. The fees are large, and the true cost position is usually unknown until the invoices land, often after the deal has closed.

01

Spend lives in spreadsheets, emails and invoice PDFs

Budget vs. actual is reconstructed by hand, under time pressure, from scattered sources that are always slightly out of date.

02

Scope changes are agreed verbally, then tracked informally, if at all

By the time a change shows up on an invoice, the work is done and the leverage to challenge it is gone.

03

Invoices arrive after close, too late to challenge

Overruns are discovered after they happen, not while there is still time to act on them.

04

The deal lead becomes the one chasing advisors for numbers

Time that should go to the relationship and the deal goes to commercial follow-up and assembling a cost story for the IC from hindsight.

02What it's for

A deal lead uses Advilink, across a live deal, to

Explore the platform
03 Budget control

One job, done thoroughly: advisory cost and scope control.

Not a data room. Not a project tracker. Not a billing platform. A live operating layer for the commercial side of diligence, with the reading and drafting built into it.


Budget tracking

Budgeted vs. committed vs. actual, by workstream, always current

Advilink pulls the committed and actual figures out of the source documents itself, so every line carries budget, committed, actual and forecast, with variance and a Red / Amber / Green status. You see the cost position of the whole deal at a glance, and where it is heading.

  • RAG status per budget line, rolled up to the deal
  • Forecast spend, not just spend to date
  • Variance against budget, in cash and as a signal
Workstream · TaxRAG · RED
Budget
Engagement letter cap
£190k
Committed
Incl. pending change
£238k
Forecast variance
Over fee cap
−£48k
OVERRUN RISK
Flagged 2h ago

Scope change capture

Turn verbal scope changes into a record with a cost impact

Advilink reads each advisor update for work that was never in the original scope and drafts the change with its cost impact and an approval status, so a change is no longer just a conversation. Catch scope creep early, while you can still challenge it.

  • Cost impact and rationale attached to every change
  • Approval status: requested, approved, declined
  • Out-of-scope work surfaced before it is invoiced
Scope changes · Project Meridian3 OPEN
Tax · additional structuring analysis
Requested by advisor
PENDING +£48k
Legal · extra jurisdiction review
Approved by deal lead
APPROVED +£18k
Financial · QoE expansion
Out of original scope
UNDER REVIEW

Advisor updates

Structured spend updates, with an overrun-risk signal

Forward the advisor's email and Advilink extracts the spend to date, the forecast and the overrun risk, showing the sentence each figure came from. Nothing reaches the budget until you have checked it, so tracking happens around the relationship, not on top of it.

  • Every figure traceable to the line it was read from
  • Overrun-risk signal before the number is final
  • Reviewed by you before anything is applied
  • No new tooling for advisors to adopt
Latest advisor updatesTHIS WEEK
Legal · Machin & Co
64% of fee cap · on track
ON TRACK
Financial · QoE provider
78% of cap · scope expanding
WATCH
Tax · Structuring counsel
Forecast over cap
OVERRUN RISK

Exports

The IC-ready cost story, generated rather than assembled by hand

Advilink drafts the cost story from the live position: approach, scope, costs, variance and the rationale behind each change, as an IC-ready summary, with the budget-vs-actual schedule as Excel for finance. Hand partners and the investment committee a clean, current picture in minutes.

  • IC-ready summary: approach, scope, spend, variance, rationale
  • Excel export for finance and reconciliation
  • Always reflects the current position, not stale estimates
Generate exportCURRENT
IC cost memo · Project Meridian
PDF · approach, scope, variance, rationale
PDF
Budget vs. actual schedule
Excel · by workstream & advisor
XLSX

04 The economics

Catch one scope change and the tool has paid for itself.

The cost of control is a rounding error against the cost of not having it.

38%
of deal value is typically spent on diligence advisors
£500k2m+
typical mid-market diligence advisory spend, per deal
1
challenged invoice or caught scope change can cover the cost of Advilink many times over
05Trust & security

A neutral operating layer, built for confidential deal data.

Advilink sits between deal leads and advisors without taking sides, and treats deal information the way deal teams expect: enterprise-grade controls by default, data minimised to what cost control needs.

SOCSOC 2 (in progress)Controls formalised ahead of launch
GDPRUK GDPR alignedUK-first, data-minimised by design
SSOSSO & access controlsRole-based access per deal
LOGAudit trailEvery scope change and approval recorded
/ Early access

Take control of the diligence budget on your next deal.

We're onboarding a small group of design partners: private equity, independent sponsors and corp dev teams who run their own diligence. Tell us about a live or upcoming deal.