Assess whether integration costs were sandbagged in the CIM (eb0954)

Situation

A roll-up of three regional service companies cannot treat a TSA that expires before replacement systems exist as color commentary on revenue-quality bridge from bookings to cash. 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 revenue-quality bridge from bookings to cash after a TSA that expires before replacement systems exist.

Hypotheses to test

• Integration-risk PMO can defend Proceed from revenue-quality bridge from bookings to cash after a TSA that expires before replacement systems exist in a M&A Due Diligence challenge.
• Integration-risk PMO cannot defend Proceed from revenue-quality bridge from bookings to cash; Reprice is what the extract actually supports after a TSA that expires before replacement systems exist.
• A TSA that expires before replacement systems exist never reached the population in revenue-quality bridge from bookings to cash — reopen intake, do not close integration costs were sandbagged.
• Two facts in revenue-quality bridge from bookings to cash after a TSA that expires before replacement systems exist conflict for integration-risk PMO; hold this Legal, IP, and Regulatory file.

Analysis required

• Name the document integration-risk PMO still needs before signing.
• Test whether a TSA that expires before replacement systems exist is a diligence gap, a price chip, or a walk-away.
• Separate a one-off add-back from a recurring earnings issue in revenue-quality bridge from bookings to cash.
• For this M&A Due Diligence Legal, IP, and Regulatory file, read revenue-quality bridge from bookings to cash against a TSA that expires before replacement systems exist 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 (revenue-quality bridge from bookings to cash after a TSA that expires before replacement systems exist). If revenue-quality bridge from bookings to cash cannot force a M&A Due Diligence label under Legal, IP, and Regulatory, stop. If revenue-quality bridge from bookings to cash after a TSA that expires before replacement systems exist cannot support Proceed versus Reprice on this M&A Due Diligence Legal, IP, and Regulatory close, integration-risk PMO must do not proceed, reprice, or walk on a quality-of-earnings fact the packet does not carry.