Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Acquisition

An Acquisition is the purchase by one organisation of another organisation.

Acquisitions often happen around the same time as mergers and divestments - requiring the attention of Contract Managers

The role of a Contract Managers in acquisitions include gathering information such as: 

  • How the business being acquired operates
  • What changes will be needed
  • Whether a new round of negotiation is required
  • How to improve contract outcomes after the acquisition