Assess whether related-party sales should be backed out of valuation (f24da2)

SITUATION Related-party sales should be sits with carve-out separation lead because a Phase II that found groundwater impact hit a PE platform evaluating a founder-led SaaS add-on. Evidence is related-party revenue that disappears at close; write the M&A Due Diligence Separation and Integration option that extract can carry.

DECISION Carve-out separation lead in a PE platform evaluating a founder-led SaaS add-on must choose Proceed / Reprice / Walk / Hold using related-party revenue that disappears at close after a Phase II that found groundwater impact.

HYPOTHESES TO TEST 1. Carve-out separation lead can defend Proceed from related-party revenue that disappears at close after a Phase II that found groundwater impact in a M&A Due Diligence challenge. 2. Carve-out separation lead cannot defend Proceed from related-party revenue that disappears at close; Reprice is what the extract actually supports after a Phase II that found groundwater impact. 3. A Phase II that found groundwater impact never reached the population in related-party revenue that disappears at close — reopen intake, do not close related-party sales should be. 4. Two facts in related-party revenue that disappears at close after a Phase II that found groundwater impact conflict for carve-out separation lead; hold this Separation and Integration file.

ANALYSIS REQUIRED 1. Name the document carve-out separation lead still needs before signing. 2. Test whether a Phase II that found groundwater impact is a diligence gap, a price chip, or a walk-away. 3. Separate a one-off add-back from a recurring earnings issue in related-party revenue that disappears at close. 4. For this M&A Due Diligence Separation and Integration file, read related-party revenue that disappears at close against a Phase II that found groundwater impact and write the one fact that would move related-party sales should be for carve-out separation lead.

RECOMMENDATION Choose Proceed / Reprice / Walk / Hold on this M&A Due Diligence / Separation and Integration packet (related-party revenue that disappears at close after a Phase II that found groundwater impact). The follow-on Separation and Integration action is what carve-out separation lead does next: implement the option, assign an owner, and log the missing fact. Carve-out separation lead must then execute Proceed or Reprice on related-party revenue that disappears at close after a Phase II that found groundwater impact for this M&A Due Diligence Separation and Integration close in a PE platform evaluating a founder-led SaaS add-on.

COMMAND RETURNS - Bottom-line M&A Due Diligence option on related-party sales should be, then the evidence in related-party revenue that disappears at close, then the action for carve-out separation lead - Hypothesis scorecard against related-party revenue that disappears at close: supported / rejected / untestable - Separation and Integration finding in related-party revenue that disappears at close that a second reviewer can re-perform - Missing page in related-party revenue that disappears at close after a Phase II that found groundwater impact, if any