Assess whether regulatory approval is a timing risk or a deal risk (1d9a06)

SITUATION Customer concentration and termination-for-convenience clauses arrived with IT diligence showing two ERPs and no chart of accounts map for customer-contract risk reviewer. That is a M&A Due Diligence Separation and Integration decision on regulatory approval is a in a strategic buyer looking at a carve-out from a conglomerate.

DECISION Customer-contract risk reviewer in a strategic buyer looking at a carve-out from a conglomerate must choose Regulatory approval is a timing risk / A deal risk using customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map.

HYPOTHESES TO TEST 1. The population in customer concentration and termination-for-convenience clauses is the one IT diligence showing two ERPs and no chart of accounts map named, so Regulatory approval is a timing risk follows for this Separation and Integration file. 2. The population in customer concentration and termination-for-convenience clauses is adjacent only to IT diligence showing two ERPs and no chart of accounts map; A deal risk 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 customer concentration and termination-for-convenience clauses arrived; no new Separation and Integration path. 4. Provenance on customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map is broken; do not pick Regulatory approval is a timing risk or A deal risk yet.

ANALYSIS REQUIRED 1. Name the document customer-contract risk reviewer still needs before signing. 2. Test whether IT diligence showing two ERPs and no chart of accounts map is a diligence gap, a price chip, or a walk-away. 3. Separate a one-off add-back from a recurring earnings issue in customer concentration and termination-for-convenience clauses. 4. For this M&A Due Diligence Separation and Integration 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 regulatory approval is a for customer-contract risk reviewer.

RECOMMENDATION Choose Regulatory approval is a timing risk / A deal risk on this M&A Due Diligence / Separation and Integration packet (customer concentration and termination-for-convenience clauses after IT diligence showing two ERPs and no chart of accounts map). The follow-on Separation and Integration action is what customer-contract risk reviewer does next: implement the option, assign an owner, and log the missing fact.