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M&A Technology Due Diligence

Why Does Every Integration Feel Like the First One?

I’ve been living in two worlds lately. The first is research. Clean, structured, logical. It tells me exactly what organizations should be doing in integration. The second is operators. People who’ve done 30, 50, 150+ deals. Here’s the interesting part: They agree. Start integration early they say, align leadership, build the playbooks and don’t forget to capture lessons learned. Make sure to treat integration like a capability. So naturally, you’d expect consistent success, but no. Most integrations still underdeliver. Not dramatically, just quietly. Missed synergies, slow execution, talent walking out the door. So, what’s going on? We start too late… […]

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M&A integration failure_ Most Deals Don’t Fail. They Decay

Most Deals Don’t Fail. They Decay.

Everyone loves to quote the stat. Depending on the source, somewhere between 50% and 90% of acquisitions fail. It’s a wide range, which usually means we’re measuring different things, but the direction is consistent enough to be uncomfortable. Roughly half of acquisitions destroy value for the acquirer, and only about 30% to 50% fully deliver the synergies that justified the deal in the first place. None of this is new. We’ve known it for decades. What I find more interesting is not the statistic itself, but the fact that it hasn’t changed despite how much smarter we’ve become at everything […]

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M&A Technology Due Diligence_Pre-close Influence vs Post-close Accountability

Pre-close Influence vs Post-close Accountability

There’s a quiet structural flaw in how most M&A deals are done. It doesn’t show up in the model; it doesn’t sit in the risk register; and yet it’s one of the most reliable ways to lose value. The people who shape the deal are not the ones responsible for delivering it. By the time the operators arrive, the assumptions are already locked in, the commitments are already made, and the clock has already started. Take Cadbury. The narrative most people remember is emotional: a beloved brand, a hostile bidder, a defence mounted with conviction. The reality is far more […]

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Letting Go (2)

Letting Go

Are you ready to let go of decision making and allow AI to make decision for you whether it’s placing a PO or scheduling service for equipment. That’s what’s coming if you listen to the hype. There are a lot of control freaks that would never let go – and I understand that. But what if you’re open to change and just looking for efficiency and cost savings? Let’s consider purchasing and ask whether AI can improve it. As you may know, MRP (Material Requirements Planning) has been the workhorse for suggesting what to buy for 50 years. It suggests […]

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180 Systems_Design, by Design. How PLM Modernizes Apparel Development

Design, by Design. How PLM Modernizes Apparel Development

Design is the backbone of every apparel company, but the sheer volume and pace of modern fashion make the design process more complex than ever. Working on multiple seasonal drops, replenishment programs and retail-driven assortments means that apparel companies can manage hundreds or thousands of new designs each year.  Before a single style reaches production, it passes through design, merchandising, planning, product development, sourcing, and finance. Each team contributes sketches, BOMs, measurements, costing, vendor quotes and sample reviews. The amount of coordination and cross-functional collaboration can be monumental, which is why many have found implementing a Product Lifecycle Management (PLM) […]

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When Technology Due Diligence Doesn’t Move the Needle (1)

When Tech Due Diligence Doesn’t Move the Needle

Most Technology Due Diligence reports are thorough. Painfully thorough. They catalogue systems, they map infrastructure, they inventory applications with the enthusiasm of someone counting grains of sand on a beach. And yet, after all that work, many of them do not actually change the deal decision. So, I ran a poll in the Forbes Leadership Think Tank community asking a simple question: Where does Tech Due Diligence most often fall short? Results were interesting… None of these surprised me, what surprised me was how evenly they reinforce the same underlying problem. Technology Due Diligence often answers the wrong question because […]

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AI in M&A (2)

AI in M&A: Useful Intern, Terrible Deal Lead

AI is having a moment in M&A advisory. Depending on who you ask, it is either quietly transforming how M&A advisory firms operate or about to replace half the diligence ecosystem. Both statements are wrong, but one sells better. The truth sits somewhere in the middle. AI is helpful in M&A. It is not decisive. And it certainly is not accountable. Right now, AI shows up best as an extremely fast, extremely literal intern inside the M&A advisory process. It reads everything. It flags patterns. It never gets tired. It also has absolutely no idea why something matters. That distinction […]

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Does Automation Lead to Job Layoffs

Does Automation Lead to Job Layoffs?

Andrew Coyne wrote an article in the Globe & Mail on February 12 entitled “The AI job apocalypse is coming. Or is it?” He acknowledges there will be layoffs but there will also be productivity gains, which has historically been a driving force in a growing economy. “AI’s technological advances may not cost workers their jobs, but enhance them, allowing each to produce more with the same effort.” I think they will also be able to focus on more value-added services, which could lead to new business and a growing company. It’s too early to know what will happen for […]

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How M&A Advisory Teams Carve Out a Business Without Tech Damage

The Break-Up Before V-Day: How M&A Advisory Teams Carve Out a Business Without Tech Damage

While some relationships are solidified over Valentine’s Day, others are meant to end. Some end quietly. Some end loudly. And some end with a carefully negotiated carve-out, multiple lawyers on speed dial, and a shared ERP that refuses to let go. For M&A Advisory firms, carve-outs are the corporate equivalent of a grown-up breakup. Everyone agrees it is for the best. Everyone promises to stay professional. And then technology gets involved and reminds both sides why this was complicated in the first place. From an M&A Advisory and execution standpoint, carve-outs are not about separation alone. They are about survival. […]

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