Assess whether integration costs were sandbagged in the CIM (ac0b5f)

Situation

A roll-up of three regional service companies cannot treat IT diligence showing two ERPs and no chart of accounts map as color commentary on QoE add-backs the seller marked 'normalized'. Integration-risk PMO must close integration costs were sandbagged from that extract under M&A Due Diligence / Legal, IP, and Regulatory.

Decision

Integration-risk PMO in a roll-up of three regional service companies must choose Proceed / Reprice / Walk / Hold using QoE add-backs the seller marked 'normalized' after IT diligence showing two ERPs and no chart of accounts map.

Hypotheses to test

• Authorize Proceed now; QoE add-backs the seller marked 'normalized' already has the discriminator after IT diligence showing two ERPs and no chart of accounts map.
• Keep Reprice in force until QoE add-backs the seller marked 'normalized' is completed after IT diligence showing two ERPs and no chart of accounts map for integration-risk PMO.
• Treat QoE add-backs the seller marked 'normalized' as Walk because both readings appear after IT diligence showing two ERPs and no chart of accounts map.
• Refuse a M&A Due Diligence close: integration-risk PMO does not have the page integration costs were sandbagged turns on in QoE add-backs the seller marked 'normalized'.

Analysis required

• Name the document integration-risk PMO still needs before signing.
• Test whether IT diligence showing two ERPs and no chart of accounts map is a diligence gap, a price chip, or a walk-away.
• Separate a one-off add-back from a recurring earnings issue in QoE add-backs the seller marked 'normalized'.
• For this M&A Due Diligence Legal, IP, and Regulatory file, read QoE add-backs the seller marked 'normalized' against IT diligence showing two ERPs and no chart of accounts map and write the one fact that would move integration costs were sandbagged for integration-risk PMO.

Recommendation

Choose Proceed / Reprice / Walk / Hold on this M&A Due Diligence / Legal, IP, and Regulatory packet (QoE add-backs the seller marked 'normalized' after IT diligence showing two ERPs and no chart of accounts map). Lead with the M&A Due Diligence option QoE add-backs the seller marked 'normalized' 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 integration-risk PMO in a roll-up of three regional service companies.