01« We found a target. What should we look at beyond the accounts? »
Decision to make
Which points to check before committing?
What you receive
Four-blind-spot review, with the conditions to negotiate
Discipline engaged

Navigate · Acquisition & External Growth
An acquisition is decided as much on integration as on price.
What we do · Assess · Integrate · Retain
The evidence
Studies compiled in the Wiley Encyclopedia of Management put the failure rate of mergers and acquisitions between 48% and 66%, with recurring causes being overestimated synergies, absent integration plans and too slow a pace. In Switzerland, SME transactions reached 208 deals in 2025 (+16%), including +28% in IT services and software.
Wiley Encyclopedia of Management; SECO.
Six situations
01« We found a target. What should we look at beyond the accounts? »
Decision to make
Which points to check before committing?
What you receive
Four-blind-spot review, with the conditions to negotiate
Discipline engaged
02« Are the target’s code and systems sound? »
Decision to make
Dependencies, licences, reversibility
What you receive
Technical report and estimated upgrade cost
Discipline engaged
03« Will we keep its key teams? »
Decision to make
Whom to retain, with what commitments?
What you receive
Target dependency index, retention plan
Discipline engaged
04« How to integrate without stalling the business? »
Decision to make
Sequence of the first 100 days
What you receive
Milestoned integration plan
Discipline engaged
05« Is this acquisition consistent with our strategy? »
Decision to make
Thesis, priorities, renunciations
What you receive
Four-test grid applied to the target
Discipline engaged
06« Is the target compliant with the rules we will face tomorrow? »
Decision to make
Which obligations are we taking on?
What you receive
Target exposure map
Discipline engaged
Disciplines engaged at this stage
● Engaged · ○ Available
By size
SME
An acquisition can weigh a quarter of the activity; integration rests on a few people.
Mid-cap
Programme of successive acquisitions, integration to systematise.
By sector
Finance & Capital
Licences and authorisations to transfer.
Health & Life Sciences
Compliance of acquired products.
Industry, Energy & Infrastructure
Sites, supply chains, heavy assets.
Commerce, Services & Customer Experience
Customer bases and contracts.
Tech, Innovation & Public Sector
Code ownership and maintainability.
Illustrative scenario
A €90M services group considers buying an €8M software publisher. The blind-spot review reveals dependence on two developers and a component under a restrictive licence. The price does not change; retention conditions and a replacement plan are added to the agreement.
What a generalist AI tool will not do for you
Assess the reliability of the team across the table, negotiate retention commitments, decide to walk away.
Aegryn does not execute the transaction. Execution is entrusted to investment banks, M&A boutiques and accredited lawyers.
Self-assessment
Five yes/no questions before you commit.
Have you defined this acquisition’s thesis in writing?
Does an integration plan exist before signing?
Do you know the three to five people the target’s value depends on?
Are the target’s systems compatible with yours?
Is the transaction’s execution entrusted to accredited advisers?
0 / 5 answered. Your result appears once all five questions are completed.
No data is recorded: the assessment is computed in your browser.
Next stage
Confidential scoping call
Thirty minutes with a named expert from our network, accountable for their scope. No commitment at this stage; terms follow the scoping call.