Management evaluated a bolt-on acquisition with synergies claimed but not quantified.
Problem
Target data was fragmented; integration costs were optimistic; earn-out mechanics were unclear in the board paper.
Approach
We framed commercial diligence questions, built scenario models for synergy realisation timing, and summarised risks for the board decision memo.
Outcome
Board approved proceed-with-conditions; price mechanics reflected documented risks. Post-signing integration tracking used the same model structure.
Outcome
Management gained clearer visibility for board and banking discussions, with models and reporting rhythms the internal team could maintain after handover.
Related work
Representative engagements illustrating how we deliver similar outcomes.
Frequently asked questions
What did commercial diligence focus on?
Integration drivers, synergy evidence, and board memos on price and structure sensitivities.
Who attended management Q&A?
Management with prepared packs; we supported narrative alignment to the model.