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Announcing Comparison Scans for buy-side M&A diligence

Apr 3, 2025

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Termina

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Product

Over the past month, we’ve worked closely with corporate development teams— while collaborating on live deals—to build and iterate on a new scan designed specifically for buy-side diligence.

Comparison Scans benchmark a target’s business units against your own—side by side.

The goal: to give acquirers clear, fast insight into how a target actually performs relative to their current business.

Designed to answer core diligence questions

Comparison Scans are built to help acquirers quickly answer high-leverage questions:

  • Where are there meaningful deltas in performance, growth, and PMF between our BUs and the target’s?

  • Are the growth synergies we’re underwriting supported by the data?

  • Are there inconsistencies or anomalies that need a second look before we move forward?

Each scan includes:

  • BU-level performance cuts showing how target units compare to your internal benchmarks

  • Model-driven analysis that flags issues in retention, acquisition efficiency, or expansion potential

  • Data discrepancy checks to catch problems before they become risks

Where it's been most impactful

So far, customers have found Comparison Scans especially useful when seeking under-marketed BUs with signs of strong product-market fit—units that haven’t been fully capitalized but could be valuable growth engines in the right hands.

In these cases, the scan helps teams validate whether a BU has what it takes to be a credible growth driver post-integration. That means:

  • PMF in attractive customer segments

  • Solid retention dynamics

  • Reasonable acquisition efficiency

  • Expansion potential aligned with your existing go-to-market

Comparison Scans were designed for acquirers who need clarity fast—who want to move with conviction and minimize surprises after the close.

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Learn more about Termina for M&A

© 2025 Termina Systems, Inc. All rights reserved.

Termina Systems, Inc. (“TS”) operates Termina. Termina is separate and the services it offers are different from the businesses and services of TS’s affiliates. No material on or linked to by this website is or should be construed as an offer to sell, or a solicitation of an offer to buy, any security or other instrument. Past performance is not necessarily indicative of future results. Termina relies on subscriber input and facilitates subscriber analysis, but does not substitute subscriber’s own independent analysis. Termina is not for use as a primary basis for investment decisions. Links from this website to third-party websites do not imply any endorsement by the third party of this website or of the link; nor do they imply any endorsement by this firm of the third-party website or of the link.

© 2025 Termina Systems, Inc. All rights reserved.

Termina Systems, Inc. (“TS”) operates Termina. Termina is separate and the services it offers are different from the businesses and services of TS’s affiliates. No material on or linked to by this website is or should be construed as an offer to sell, or a solicitation of an offer to buy, any security or other instrument. Past performance is not necessarily indicative of future results. Termina relies on subscriber input and facilitates subscriber analysis, but does not substitute subscriber’s own independent analysis. Termina is not for use as a primary basis for investment decisions. Links from this website to third-party websites do not imply any endorsement by the third party of this website or of the link; nor do they imply any endorsement by this firm of the third-party website or of the link.

© 2025 Termina Systems, Inc. All rights reserved.

Termina Systems, Inc. (“TS”) operates Termina. Termina is separate and the services it offers are different from the businesses and services of TS’s affiliates. No material on or linked to by this website is or should be construed as an offer to sell, or a solicitation of an offer to buy, any security or other instrument. Past performance is not necessarily indicative of future results. Termina relies on subscriber input and facilitates subscriber analysis, but does not substitute subscriber’s own independent analysis. Termina is not for use as a primary basis for investment decisions. Links from this website to third-party websites do not imply any endorsement by the third party of this website or of the link; nor do they imply any endorsement by this firm of the third-party website or of the link.