Situation

​

Bruce and his team were evaluating a potential acquisition to bolster their offerings to clients. Bruce asked Athena to help evaluate the opportunity before investing time into doing more advanced due diligence.

​

How Did Athena Help? ​

​

​We first understood exactly how Crescentia was planning to leverage the new product to help their clients. Before doing a diligence deep dive, we asked a few questions that would help Bruce and team to discover if the acquisition was worth pursuing in its current form.

​

Outcome​​

​

As a result of our analysis, Crescentia decided that the acquisition target was not ready to be acquired, and that the target would need to do much more additional work. Crescentia backed off from the deal, but is continuing to work with the acquisition target as a partner, to improve their product.​