Assess whether working capital should be a walk-away (edf227)

SITUATION In a roll-up of three regional service companies, customer concentration and termination-for-convenience clauses is the evidence after IT diligence showing two ERPs and no chart of accounts map. Buy-side QoE lead has to pick Proceed or Reprice for this M&A Due Diligence People and Contracts close using customer concentration and termination-for-convenience clauses.

DECISION Buy-side QoE lead in a roll-up of three regional service companies must choose Proceed / Reprice / Walk / Hold using customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map.

HYPOTHESES TO TEST 1. Customer concentration and termination-for-convenience clauses reads as Proceed once IT diligence showing two ERPs and no chart of accounts map is lined up to the same M&A Due Diligence population. 2. Customer concentration and termination-for-convenience clauses is closer to Reprice after IT diligence showing two ERPs and no chart of accounts map; Proceed would over-claim this People and Contracts extract. 3. Walk is still live in customer concentration and termination-for-convenience clauses for buy-side QoE lead in a roll-up of three regional service companies. 4. Customer concentration and termination-for-convenience clauses is missing the fact buy-side QoE lead needs after IT diligence showing two ERPs and no chart of accounts map; stop this M&A Due Diligence close.

ANALYSIS REQUIRED 1. Tie quality-of-earnings, working-capital, and contingent items in customer concentration and termination-for-convenience clauses to working capital should be. 2. Name the document buy-side QoE lead still needs before signing. 3. Test whether IT diligence showing two ERPs and no chart of accounts map is a diligence gap, a price chip, or a walk-away. 4. For this M&A Due Diligence People and Contracts file, read customer concentration and termination-for-convenience clauses against IT diligence showing two ERPs and no chart of accounts map and write the one fact that would move working capital should be for buy-side QoE lead.

RECOMMENDATION Choose Proceed / Reprice / Walk / Hold on this M&A Due Diligence / People and Contracts packet (customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map). If customer concentration and termination-for-convenience clauses cannot force a M&A Due Diligence label under People and Contracts, stop. If customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map cannot support Proceed versus Reprice on this M&A Due Diligence People and Contracts close, buy-side QoE lead must do not proceed, reprice, or walk on a quality-of-earnings fact the packet does not carry.