How big is your ‘Core Merger Team’ that work on an acquitiion?

Hello

I’m interested in finding out how many people work actively on acquisition opportunities. i.e. in mergers you’ve been a part of, how many people had knowledge that a Bidder was preparing a bid / engaging in DD etc.

In my experience, it is the core / essential managers, and as few non-managers as possible.

Please reply with examples including the # of people in this ‘Core Merger Team’ and your organisation size + industry –

e.g. 8 people, 500 employee company, healthcare.

Thanks!