One of our most recent acquisitions was a carve out. We have faced struggles related to the old parent entity still existing and our inability to function in their systems for a period of time. There was a long pause on customer billing post-acquisition as we took the time to integrate the carved out entity into our system. There were issues surrounding ordering, since we could not just update the billing address on their current accounts with vendors. We had to ensure that they were listed as an additional location on our vendor accounts immediately. Some of these challenges led to delays in essential business operations. We also have a lack of historical records, as these records belong to the old parent company, which is still in existence. This has created barriers with running reports that we would normally use for strategic planning operations.
