What We Found in 10 Days That Changed the Purchase Price by 15%

The target was profitable, growing, and well regarded by its customers. Nothing in the financial workstream suggested a problem. The technical findings were cumulative rather than dramatic.

The three findings

• A core dependency two major versions past end of support
• Manual deployment executed by one person on a personal machine
• Per-customer configuration branches that blocked any shared change

Together they represented roughly nine engineering months before the buyer's roadmap could start. The adjustment reflected that delay, and the deal closed on the revised terms.