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GGI / ERI™

Diligence notes from
inside the operating layer.

Practitioner observations on where fragmented operational records become leverage — and how timing determines the outcome.

Surface → Score → Resolve.

Every piece of operational intelligence below maps to one of three questions: What is institutional scrutiny likely to find? How defensible is the operational posture? And what closes the gap before scrutiny monetizes it?

Surface

Operational contradictions become visible before institutional scrutiny finds them.

Score

Institutional exposure becomes measurable before it becomes economic leverage.

Resolve

Operational gaps are closed before diligence, underwriting, or exit forces reactive reconstruction.

Deal Physics™ — Why operational fragmentation compounds under transaction pressure.

Deal Physics™ is the framework GGI uses to describe the mechanics of how operational inconsistencies move through a transaction environment. Under normal operating conditions, fragmentation is inert. Under diligence, underwriting, or exit scrutiny, it becomes kinetic — accelerating timeline erosion, valuation compression, and reconstruction cost simultaneously.

Understanding Deal Physics™ is understanding why the 18–36 months between investment and exit are not neutral time. They are the window in which operational defensibility is either built or lost.

Request a Deal Physics™ Briefing →

Observations from the operating layer.

Surface · Valuation

Deal Physics™ — Why Most Exits Lose Value Before Diligence Starts

The operational conditions that compress valuation at exit are almost always present 18–36 months before the process begins. They don't emerge under diligence. They are revealed by it.

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Surface · Timing

The 18-Month Trap

The 18 months after close are where most fragmentation takes root. By the time it surfaces, the cost of fixing it has compounded significantly.

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Score · Tax Posture

Permanent Establishment Risk: The Silent Deal-Breaker

PE risk is consistently underestimated in cross-border operating environments. It surfaces at the worst possible moment — when the transaction is already in motion and the timeline is already compressed.

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Score · Workforce

EOR vs. Entity: How PE-Backed Companies Get This Wrong

The EOR versus entity decision is often made on short-term cost logic. The governance consequences accumulate over years and surface under institutional scrutiny as structural exposure.

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Surface · Diligence

What Acquirers Actually Look For in Global Operations Due Diligence

The operational diligence checklist is not the acquirer's actual concern. Understanding what institutional buyers are trying to establish — and why — changes how operational defensibility is built.

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Score · Valuation

Why a $100K Compliance Gap Becomes a $1.5M Valuation Haircut

The mathematics of how operational inconsistencies translate into valuation compression is neither linear nor proportional. Understanding the mechanics prevents the outcome.

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Surface · Classification

Six Workstreams, One Misclassified Contractor: The Diligence Cascade

Contractor misclassification doesn't stay in the HR workstream. The cascade through tax, IP, PE risk, wage liability, and successor liability is faster and more extensive than most operators anticipate.

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Score · Jurisdiction

Jurisdiction Risk Map: Where Misclassification Exposure Concentrates

Enforcement patterns vary significantly by jurisdiction. The decisions made in low-scrutiny markets tend to compound in high-scrutiny ones.

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Go Deeper

Operational intelligence is most useful
before the scrutiny arrives.

A conversation with GGI costs 30 minutes. Understanding what institutional scrutiny will find in your portfolio's operating layer before it looks is worth considerably more.

Schedule a Conversation →