The board had four weeks. The decision had to hold on three continents, two languages, and four regulatory regimes. No leaks.
The setup
A merger that every adviser was pitching for.
Four global consulting firms had already presented. Each deck said “yes”. The chair wanted a contrarian pressure-test under NDA before signing.
11
scenarios modeled
Integration, carve-out, joint venture, partial stake, and seven variants. Each tested against regulatory, talent, audience, and balance-sheet constraints.
19 days
to board sign-off
From kickoff to signed memo. Three working sessions with the chair. One written board memo. One 45-minute presentation.
€42M
deal-risk reduction
The memo flagged two synergy claims that would not have cleared antitrust in the proposed form. Restructuring the offer saved roughly €42M in contested earn-outs.
The outcome
“The memo was the one document the board read in full. Signed as written.”
— Chair, anonymized under NDA. Full reference on request after signature.
Engagement
Decision Sprint, 3 weeks
Single engagement, signed SOW. Intake, scenario modeling via MediaDatak, three working sessions, one board memo.