GovCon M&A and Past Performance: Can Buyers Use a Target’s Experience After an Acquisition? – The GovCon M&A Playbook, Part 4

One of the most persistent misconceptions in GovCon M&A is that acquiring a contractor also means acquiring its past performance. Government contractors, investors, and acquirers frequently ask the same questions. Can the buyer use the target’s past performance? Does novation transfer past performance? Can the buyer rely on the target’s corporate experience in future proposals? The answer is sometimes, but not automatically.... By: PilieroMazza PLLC