Your board approved the deal. Does anyone still know why?
Most M&A decisions are made with rigour and lost with time. This guide shows boards and investment committees how to keep the rationale, conditions, and intent behind every M&A decision visible and active, from approval to exit.
See where the gap opens: the three predictable moments where board intent quietly disconnects from execution.
Learn what outperforming boards do differently and how they keep the investment thesis alive throughout the deal lifecycle.
Get a practical framework and diagnostic: A four-step model and a board-ready checklist for closing the gap on your next acquisition.
Trusted by 800+ boards
Including companies across the financial, pharmaceutical, energy, and public sectors
M&A decisions happen in the boardroom. Not the data room.
The M&A Board Decision Gap is the break between the decisions your board makes and the outcomes those decisions are supposed to produce. Research shows 50–85% of acquisitions fail to deliver the value that justified them at approval, not for lack of analysis, but for lack of stewardship of the decisions that analysis produced.
Download the guide and:
Understand the three moments where board intent and execution disconnect, and why the handover from deal team to integration team is where most programmes lose the thread.
Adopt the five elements of a board-grade decision record: Strategic rationale, underwriting assumptions, approval conditions, success metrics, and reporting cadence.
Use the board diagnostic to test whether your current M&A governance can answer the question that matters most: is the deal still delivering what the board was told it would?
Sherpany for M&A
Make sure your board's decisions compound, not dissolve
With Sherpany, the assumptions, conditions, and intent behind every M&A decision stay preserved, connected, and visible, from first approval to final performance review. The decision that started everything never leaves the room.
