Capital Insights

Turn Post-Closing Obligations Into Clear Decision Responsibilities

By Don McClain

Closing a transaction leaves decisions and recurring obligations for the operating team. Don McClain, Founder & Principal of Medro Advisors, outlines a responsibility record that names who prepares information, who reviews it and who can approve the next step. Record the governing document, due date, backup contact and evidence of completion for each task. Define the coordinator’s authority and an escalation path for missing information, threatened deadlines or material changes. The first post-closing review can test whether the assigned person knows the requirement, can locate the evidence and knows who decides when circumstances change.