Assess whether management can run this without the founder (ab6fbe)

SITUATION Commercial-diligence partner in a strategic buyer looking at a carve-out from a conglomerate has one working extract — management-team retention and key-person map — after IT diligence showing two ERPs and no chart of accounts map. If management-team retention and key-person map cannot support management can run this, the only defensible M&A Due Diligence output is hold.

DECISION Commercial-diligence partner in a strategic buyer looking at a carve-out from a conglomerate must choose Proceed / Reprice / Walk / Hold using management-team retention and key-person map after IT diligence showing two ERPs and no chart of accounts map.

HYPOTHESES TO TEST 1. The population in management-team retention and key-person map is the one IT diligence showing two ERPs and no chart of accounts map named, so Proceed follows for this People and Contracts file. 2. The population in management-team retention and key-person map is adjacent only to IT diligence showing two ERPs and no chart of accounts map; Reprice is the honest M&A Due Diligence call. 3. A strategic buyer looking at a carve-out from a conglomerate already contained IT diligence showing two ERPs and no chart of accounts map before management-team retention and key-person map arrived; no new People and Contracts path. 4. Provenance on management-team retention and key-person map after IT diligence showing two ERPs and no chart of accounts map is broken; do not pick Proceed or Reprice yet.

ANALYSIS REQUIRED 1. Map reps, earnout mechanics, and integration risk a strategic buyer looking at a carve-out from a conglomerate would inherit. 2. Tie quality-of-earnings, working-capital, and contingent items in management-team retention and key-person map to management can run this. 3. Name the document commercial-diligence partner still needs before signing. 4. For this M&A Due Diligence People and Contracts file, read management-team retention and key-person map against IT diligence showing two ERPs and no chart of accounts map and write the one fact that would move management can run this for commercial-diligence partner.

RECOMMENDATION Choose Proceed / Reprice / Walk / Hold on this M&A Due Diligence / People and Contracts packet (management-team retention and key-person map after IT diligence showing two ERPs and no chart of accounts map). Lead with the M&A Due Diligence option management-team retention and key-person map can support after IT diligence showing two ERPs and no chart of accounts map, then the two facts that force it, then the Monday action for commercial-diligence partner in a strategic buyer looking at a carve-out from a conglomerate.

COMMAND RETURNS - Bottom-line M&A Due Diligence option on management can run this, then the evidence in management-team retention and key-person map, then the action for commercial-diligence partner - Hypothesis scorecard against management-team retention and key-person map: supported / rejected / untestable - Regulatory or exam hook People and Contracts would cite - People and Contracts finding in management-team retention and key-person map that a second reviewer can re-perform