Acqru · Tu Duong · Sourcing Through Stabilization
Fractional M&A leadership
from the operator of
120+ acquisitions.
Operator-led. Platform-backed.

Acqru is Tu Duong's fractional M&A practice: 120+ acquisitions — and the divestitures that ran the other way — across a $1.4B+ portfolio. He joins your deal wherever it stands — the search, the LOI, the close, or mid-integration — and stays through stabilization, on the platform where every one of those deals left its lessons. One accountable lead from your stage forward, at the wheel or guiding the team you already have.

Project Falcon Saved · just now
Deal
Pipeline
Diligence
Valuation
Execution
Workstreams
Risk register
Escrow
KPIs
Seller portal
Integration day
42 / 90
Phase 2 · Stabilize
Escrow held
$13.4M
$250K released to date
Findings routed
40
from 5 document batches
Workstreams
6
4 on track 1 1
WorkstreamOwnerTasksStatus
FinanceTu Duong12 / 14On track
OperationsSC lead9 / 11Watch
LegalCounsel5 / 9Blocked
IT / SystemsTu Duong8 / 10On track
TSA-03 expires in 60 days — exit plan at 40%. Routed to the risk register.
The working screen — every engagement runs live on Acqru, and you see the whole deal in it.
Engage · Pre-close
Sourcing & diligence
From screening targets to pressure-testing the one under LOI. Send the data room — within days: ranked findings, seller Q&A, and the plan your close depends on.
Fixed-fee sprint · days, not weeks
Engage · At close
The 90-day integration
I run your integration as fractional lead — six workstreams, weekly cadence, milestone and escrow tracking, seller management.
Retainer + success fee
Engage · Already in it
Mid-integration takeover
Day 30 and slipping? I load the current state, surface what's blocked and why, and take the operating cadence off your plate.
Scoped to the gap
Built because the system
that should have existed
didn't.
TD
Tu Duong
Fractional M&A Lead · Founder, Acqru
120+ transactions · both sides of the table
120+
Acquisitions personally led or overseen
$1.4B+
Portfolio value managed
~85%
Of integrations completed within the 90-day cycle
90 days
Standard integration cycle on the platform

Tu Duong served as Head of M&A Integration through the most aggressive acquisition program in e-commerce history — at Thrasio, personally running 120+ acquisitions across a $1.4B+ portfolio as the company scaled faster than any integration infrastructure at the time was built to handle.

He watched firsthand what happens when deal velocity outpaces the systems behind it. Not in theory — at scale, in real time, with real consequences. And when the cycle turned, he ran the machine in reverse — leading divestitures out of the same portfolio he'd helped assemble. Few operators have executed M&A in both directions, through both halves of a cycle. The lesson wasn't that the deals were wrong. It was that the infrastructure to execute them didn't exist.

Acqru is what Tu built so it doesn't happen again — to anyone. Every module reflects a real failure mode encountered on a real deal: the supplier contract that expires 90 days post-close with no auto-renewal, the key engineer who holds all the payment integration knowledge and no documentation, the IP complaint that surfaces on Day 3, the cultural friction that becomes attrition by Day 60. These aren't hypotheticals. They're the reason each module exists.

Today Tu leads deals end to end for acquirers — sourcing, diligence, and integration as one continuous engagement with one accountable lead, on Acqru. Every deal gets the same infrastructure, the same weekly operating cadence, and the pattern recognition of the 120 that came before it, scaled to the complexity of the deal in front of it. The system that should have existed now does — and it comes with the operator who built it.

Deals don't die
at the signing. They die
in the handoff after it.
70%
of acquisitions fail to achieve intended value. The most common cause isn't the deal structure. It's the execution gap — across every stage.
A typical deal — 7 tools, 0 connections
Sourcing CRMgapDiligence tracker
↓ gap
Excel valuation modelgapSharePoint data room
↓ gap
PM tool (Asana/Monday)gapKPI dashboard
Value leaks in every gap between tools.
1
The deal lead and the integration manager are two different people.
One negotiates the deal and moves on at close. The other inherits a data room and a price they didn't set. Why this multiple, which risks were knowingly accepted, what the seller committed to on calls — none of it survives the transition memo, because most of it was never written down.
2
Diligence findings don't become integration tasks.
The IP complaint surfaced in diligence lives in a findings tracker. The integration team doesn't know it exists. It surfaces on Day 12 when Amazon flags the listing. The connection was never made.
3
Six workstreams with no visibility into each other.
Legal's pending contract consent is blocking Marketing's brand transfer. IT's migration decision is waiting on Operations. Nobody sees the dependencies. Every workstream thinks they're on track.
4
Every deal starts from scratch.
Institutional knowledge walks out the door with each departing consultant. The next deal reinvents the wheel. There is no compounding — no playbook that improves with every acquisition closed.
5
The expertise exists — at prices built for billion-dollar deals.
The integration consultancies that solve this price for the mega-deal tier — staffed teams, six-month engagements, fees that assume a $200M transaction underneath them. For everyone else, that math never works — so most acquirers run their highest-stakes 90 days on spreadsheets and instinct.
One operator.
From first look
to full return.

Join me where your deal already is — the search, the LOI, the close, or Day 30. From that point forward there is one accountable lead: whoever pressure-tests the deal is whoever integrates it, the thesis that justified your price becomes the benchmark the integration is held to, and nothing discovered along the way gets lost in a handoff, because there isn't one. You don't have to start at the beginning. You just have to stop handing it off.

How the deal data flows through Acqru — every stage connected
Sourcing
Thesis, criteria, and fit scores defined
→ Criteria score targets
Diligence
Findings create risk flags automatically
→ Risks feed register
Valuation
Synergy model becomes the synergy tracker
→ Assumptions become benchmarks
Close
Data room generates integration tasks
→ Tasks route to boards
Integration
6 workstreams, milestones, escrow triggers
→ Actuals vs. thesis
Return
KPIs measured against deal thesis assumptions
→ Informs next deal
01
Diligence Sprint
Under LOI? Start here.
Send the data room — or just the CIM. I run every document through Acqru's AI ingestion pipeline and hand you what your close actually depends on, in days.
Severity-ranked findings reportDocument citationsSeller Q&A listRisk registerIntegration plan draft
02
Integration Engagement
Close through Day 90.
I run the integration as your fractional lead — six workstreams on a weekly operating cadence, seller managed through a controlled portal, every milestone and escrow release tracked to the dollar.
90-day plan6 workstreamsGenerated weekly status packTwo-way escrow trackerMilestone gatesSeller portalCulture & retention watch
03
Operating Partner
Day 90 and beyond.
The deal isn't done when integration is. Earnout administration, TSA wind-down, KPIs tracked against the thesis you underwrote — and the next deal's pipeline, run on the same system.
Earnout administrationTSA exit managementKPIs vs. thesisPortfolio viewNext-deal pipeline
Two Ways to Run It
You hand me the wheel.

Operator mode. I run the deal — the workstreams, the cadence, the seller, the blockers — as your fractional lead, end to end. You get the outcome without staffing the function.

I executeYour team stays on the businessWeekly report to you
You drive. I'm on the radio.

Advisory mode — the race engineer model. Your team runs the deal on Acqru; I bring the telemetry: what's breaking and why, what's coming at the next phase, when to push and when to pit. Your people build the capability in-house, deal by deal — and it stays when the engagement ends.

Your team executes on AcqruWeekly working sessionsDiagnostics & phase guidanceCapability that stays

Same brain, same platform, same no-handoff rule — the only variable is whose hands are on the wheel. And if the deal demands it, I take the wheel mid-race: advisory engagements escalate to operator mode without losing a day.

Fees are modular — each layer is priced to the scope actually delivered, and to who's driving: advisory engagements price below operator engagements. Fixed fee for the sprint, retainer plus success fee for the engagement, retainer plus synergy share for the operating partnership. Charter-client terms are available for the first cohort: standard rates shown, risk restructured, traded for case-study rights and references.

The Other Side of the Table
Selling? The same system
runs in reverse.

I've led divestitures as well as acquisitions — so I know exactly what a buyer's diligence will find, because finding it is my other job. The exit-readiness sprint runs your own data room through the same pipeline a buyer's advisor would: every finding that would become a price chip, an escrow increase, or a re-trade — ranked by severity and found by you first, months before a buyer does. And when the deal is live: carve-out and separation planning, TSA design from the provider side, and a managed transition through close. Integration in reverse, run by someone who has done it in both directions.

Exit-readiness sprintFindings — before the buyer finds themData room preparationCarve-out & separation planSell-side TSA designTransition through close
Integration is where
value is won or lost.

Six workstreams, each run with operator depth — not a task list, but the specific decisions, reconciliations, and transfers a deal lives or dies on. This is the scope I carry on every engagement, tracked live in Acqru.

Finance workstream
Beyond task management
ERP migration tracker — source → target, data volume, risk, progress
Working capital reconciliation — assets vs. liabilities, verified status
Synergy capture model — planned vs. actual, month-by-month
HR / People workstream
People are the deal
Employee retention tracker — risk score, comp, non-compete, benefits status
Org chart — before and after, side by side
Benefits & payroll transition — every line item confirmed
IT / Systems workstream
Every system decided
Keep/kill decision matrix — cost, decision, complexity, dependency
Credential & access transfer map — every platform, every login
Security checklist — seller access revoked, MFA, API keys rotated
Operations workstream
Business continuity first
Vendor/supplier map — criticality score, spend, status, required action
SOP transfer tracker — risk-if-undocumented rating, documentation status
Day 1 continuity dashboard — every critical area, live status
Marketing workstream
Brand decisions documented
Asset inventory — every platform, account, and list with transfer status
Brand decisions — keep / evolve / retire / evaluate with rationale
Channel performance — ROAS vs. thesis, trend, notes per channel
Legal workstream
From deal formation to compliance
Deal docs tracker — APA, SPA, escrow, non-compete, transition agreements
Key terms extractor — routes WC peg, escrow gates, rep & warranty terms to platform
Contract assignment tracker — consent status, TSA flag, expiry, required action
IP & license tracker · Compliance checklist
TSA management — standalone module
The bridge, managed separately
TSA registry — all active agreements, SLAs, costs, expiry dates, exit plan status
Service level monitoring — actual vs. committed SLAs, breaches escalated to the risk register
Wind-down plans — phased exit planning per TSA, independent of integration plan
Cost tracking — monthly burn, synergy tracker connections, projected exit savings
Dependencies — integration tasks gated by TSA exit, critical path visibility
Acqru. The proof
the method is real.

Acqru isn’t sold as standalone software. It comes with me — my hands on it in operator mode, or your team inside it with me on the radio. Either way it’s the operating system the engagement runs on, and the reason one lead delivers the infrastructure of an integration office. You see your whole deal in it, live, for the length of the engagement.

AI document ingestion
The deal room pipeline reads every document in the data room — contracts, financials, questionnaires, IP filings — and produces findings with severity, dollar impact, and a citation back to the source document. Critical findings route to the risk register automatically.
Recent run: 40 findings from 5 document batches — including a patent license whose "irrevocable" grant contradicted its own revocation clause
The 90-day execution system
Six workstreams on kanban boards, a Gantt with real dependencies and blocked-task logic, and a lifecycle view that puts workstreams, milestones, TSAs, and earnout on one timeline. The whole deal, one screen.
Day 0 → Day 90: phases, owners, dependencies — with anything blocked showing exactly what's blocking it
Escrow & milestone ledger
Escrow-linked milestones with a running ledger — total held, released to date, remaining — and a sign-off workflow the seller participates in. Every release traceable to the milestone that triggered it.
WC true-up signed off → $250K released, $500K held, next gate visible to both sides
TSA & earnout management
The two post-close instruments most likely to turn into disputes, tracked properly: TSA burn, expiry countdowns, and exit progress; earnout calculations, period status, and a dispute log. A TSA flagged in legal review becomes a managed record automatically.
TSA expiring in 60 days with exit plan at 40% → flagged before it becomes a renewal negotiation you didn't plan
The seller portal
The seller gets a controlled view of their own deal: milestones awaiting their sign-off, earnout status, transition obligations, action items. Transparency where it builds trust, boundaries everywhere else — and a calmer seller through the earnout period.
Seller signs off the knowledge-transfer milestone in their portal — the escrow ledger updates on your side in real time
Every engagement compounds
The platform is where 120+ integrations' worth of failure modes live — and every new engagement adds to it. Your deal isn't run from a blank page; it's run from everything that has already gone wrong somewhere else.
The checklist item that catches your single-supplier exposure exists because a previous deal's didn't
An IMO team's infrastructure.
One operator's price.
Driver or race engineer — never a spectator
Hand me the wheel and I run the deal end to end, the way I've run more than a hundred of them. Or your team drives and I'm on the radio — telemetry, diagnostics, the call on when to push and when to pit. What I don't do is drop a workplan and watch from the grandstand.
Either way: in the deal every week, one accountable brain, and the no-handoff rule holds.
No handoff at close
The person in the diligence calls is the person running Day 1. The deal rationale, the risks you accepted with eyes open, what the seller committed to verbally — none of it gets lost in a transition memo, because there's no transition.
Engage at any stage — sourcing, under LOI, at close, or at Day 30 — and the lifecycle still runs as one thread.
E-commerce depth, specifically
Marketplace transfers, Brand Registry control, single-supplier exposure, 3PL handoffs, listing-level IP complaints — the FBA failure modes aren't general knowledge. They're the deals I ran the most of, at the largest scale the category ever reached.
If your deal lives on Amazon, this is the difference between a checklist and pattern recognition.
The data room speaks first
Before opinions, before workshops: the documents get read, the findings get ranked, the plan gets built from what's actually in the deal. Every engagement starts from evidence with citations — not a template with your logo on it.
You see it in the first deliverable — and I've prepared data rooms from the sell side, so I know where findings get buried.
People and culture, managed deliberately
Pre-close cultural assessment, integration strategy selection, Day 30/60/90 pulse checks, and an attrition watch on the people the deal can't lose. In a small acquisition, two departures can be the whole thesis.
The seller relationship gets the same discipline — managed through their own portal.
Economics built for your deal size
The fee structure is modular and scoped to your transaction — it scales with deal complexity, not headcount, because the platform does the leverage a staffed team used to. A fixed-fee sprint to start, retainer-plus-success for the integration, and charter terms for the first client cohort.
The math works because the platform does the leverage a team of analysts used to.
Buyers who get
one shot at this.

Acquirers running deals without a standing integration office — from a first acquisition to a multi-deal platform. Wherever the deal is bigger than the team behind it, and the cost of fumbling the first 90 days is the deal itself.

Searchers & Independent Sponsors
First or early acquisition · lean team · SBA or investor timeline
We start at: the search — or the data room
You've never done this, the seller has done it once, and your lenders are watching the clock. The diligence sprint surfaces what your QofE won't — assignment walls, key-person dependencies, supplier exposure — and converts it into the plan before you wire the money.
Target screeningDiligence sprintFindings reportSeller Q&A90-day planFull integration lead
Value: a first integration that runs like a tenth
E-commerce & FBA Acquirers
Marketplace businesses · brand and channel deals
We start at: the APA signature
Seller Central transfer, Brand Registry control, single-supplier exposure, 3PL handoffs, the IP complaint that surfaces on Day 3 — these are the failure modes I ran at the largest scale this category has ever seen. Your deal breaks in specific places. I know where.
Marketplace transferSupplier & 3PL continuityIP & brand protectionInventory continuityFounder knowledge transfer
Value: pattern recognition no generalist can offer
Family Offices & First-Time Corporate Acquirers
A strategic deal alongside the day job · no in-house IMO
We start at: wherever the deal is
Your team is excellent at running the business — and has never absorbed one. I carry the operating cadence — the plan, the weekly drumbeat, the dependencies, the seller — so your people keep their day jobs. Or, if you're building the capability in-house, your team drives on Acqru and I guide from the radio.
Fractional integration leadWeekly operating cadenceRisk & dependency watchCulture & retentionBoard-ready reporting
Value: institutional discipline without hiring an IMO
Send me
your data room.

The diligence sprint is the first deliverable and the fastest way to see how this works — your actual deal, read end to end, returned as a ranked findings report and a plan. Days, not weeks. Here's what happens to your documents.

1
You send the documents
Financial statements, supplier contracts, employee lists, system inventories, customer agreements — in whatever state the seller provided them. Messy is normal.
2
Every document gets read — actually read
I run the full set through Acqru's AI ingestion pipeline. Not keyword matching: contract expiry dates, change-of-control clauses, key-person dependencies, IP ownership gaps, entity mismatches.
3
Findings are ranked, cited, and priced
Every finding carries a severity, the document it came from, and the dollar implication where the documents support one. Critical findings route straight to the deal's risk register.
4
Findings become the plan
Anything that requires action becomes a task with an owner and a phase — routed to the right workstream. The plan your integration runs on is built from what's actually in your deal, not a template.
5
You get the report — and the live platform
A severity-ranked findings report, the seller Q&A list, and the integration plan draft — plus your deal standing live in Acqru, ready to run if you engage for the integration.
What a findings batch looks like — Project Falcon
Supplier_Contracts.pdf
Contract expires March 2025 — no auto-renewal clause
→ Legal: initiate renegotiation immediately
→ Ops: introduce acquirer SC lead to supplier contact
Amazon_Account_Health.pdf
SKU #7 at 8-day inventory cover, IP complaint unresolved
→ Ops: emergency buffer order — 8-day cover only
→ Legal: IP complaint response — track resolution daily
Employee_List.xlsx
Founder = sole supplier contact, sole Brand Registry admin
→ HR: structure 60-day knowledge transfer agreement
→ IT: Brand Registry admin transfer — Day 0 priority
Tech_Stack_Audit.pdf
42 software subscriptions, 9 redundant vs. acquirer stack
→ IT: keep/kill matrix — cancel 9, save ~$400/mo Day 1
Send me
your deal.
Operator-led. Platform-backed.

Start with the diligence sprint: send a data room — or just the CIM — and within days you'll have a severity-ranked findings report, a seller Q&A list, and a deal-specific integration plan. That's the first meeting.

No deck. No discovery-call theater. Your actual deal.