M&A Due Diligence Checklist

Generate a comprehensive M&A due diligence checklist for acquiring a [COMPANY TYPE] in [INDUSTRY]. Deal size: approximately [SIZE]. Create a structured checklist covering: 1) Financial DD (5 years historical, quality of earnings, working capital), 2) Legal DD (contracts, litigation, IP, regulatory), 3) Operational DD (key personnel, systems, customers, suppliers), 4) Commercial DD (market position, growth assumptions, customer churn), 5) Technology DD (if applicable), 6) HR DD (culture, retention, benefits obligations), 7) Environmental DD (if applicable). For each section, flag the top 3 deal-killers to investigate first.