Assess whether management can run this without the founder (57eb45)

Situation

After IT diligence showing two ERPs and no chart of accounts map, regulatory-approval critical-path calendar is what commercial-diligence partner can touch in a public acquirer facing HSR and sector regulators. M&A Due Diligence will live with Proceed versus Reprice on this Separation and Integration file.

Decision

Commercial-diligence partner in a public acquirer facing HSR and sector regulators must choose Proceed / Reprice / Walk / Hold using regulatory-approval critical-path calendar after IT diligence showing two ERPs and no chart of accounts map.

Hypotheses to test

• IT diligence showing two ERPs and no chart of accounts map is noise around an already-controlled Separation and Integration process in a public acquirer facing HSR and sector regulators, given regulatory-approval critical-path calendar.
• IT diligence showing two ERPs and no chart of accounts map is the event in regulatory-approval critical-path calendar that forces Proceed for commercial-diligence partner under M&A Due Diligence.
• Regulatory-approval critical-path calendar shows a one-file miss after IT diligence showing two ERPs and no chart of accounts map, not a Separation and Integration program failure.
• Regulatory-approval critical-path calendar cannot decide management can run this yet after IT diligence showing two ERPs and no chart of accounts map; hold is the only M&A Due Diligence close a public acquirer facing HSR and sector regulators can defend.

Analysis required

• Map reps, earnout mechanics, and integration risk a public acquirer facing HSR and sector regulators would inherit.
• Tie quality-of-earnings, working-capital, and contingent items in regulatory-approval critical-path calendar to management can run this.
• Name the document commercial-diligence partner still needs before signing.
• For this M&A Due Diligence Separation and Integration file, read regulatory-approval critical-path calendar 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 / Separation and Integration packet (regulatory-approval critical-path calendar after IT diligence showing two ERPs and no chart of accounts map). Lead with the M&A Due Diligence option regulatory-approval critical-path calendar 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 public acquirer facing HSR and sector regulators.