Education
- University of Texas at Austin
Master in Professional Accounting - University of Texas at Austin
B.B.A., Accounting
Licenses and Certifications
Certified Public Accountant, Texas
Justin Liao is a Director in Leo Berwick’s Private Equity, Infrastructure, Energy & Renewables Financial Advisory practice, specializing in financial due diligence. Justin brings more than 13 years of accounting and transaction advisory experience.
Justin advises private equity and corporate clients on buy-side and sell-side due diligence projects across public and private companies, and including cross-border and carve-out transactions. Justin supports clients through all phases of a transaction, including analyzing quality of earnings, cash flows, net working capital, and indebtedness; assessing key business drivers; advising on purchase and sale agreements and purchase price mechanisms; and evaluating post-close purchase price adjustments.
Justin has led due diligence on over 100 transactions, including extensive experience in energy and infrastructure (e.g., EPC, transportation, midstream oil and gas, C-stores, and digital infrastructure), business services, and manufacturing.
Prior to joining Leo Berwick, Justin was a Director at a leading financial advisory firm, advising private equity and corporate clients. Justin began his career in the transaction advisory and audit practices of a Big 4 firm.