APA –AssetPurchaseAgreementCIM –ConfidentialInformationMemorandumAPA –AssetPurchaseAgreementUnder theTent –People whoare aware ofthe dealBolt On –Targetacquired &merged w/ aPlatform Co.NDA –NonDisclosureAgreementSMO –SeparationManagementOfficeOpEx –OperatingExpenseFlash Report –Bullet pointsummary of keyissues identifiedafter site visitCORE –Carve OutReadiness& ExecutionNew Logo– New PEFirm orClientDR –DataRoomUnder theTent –People whoare aware ofthe dealTerm Sheet –One pageoutlining theagreementsof the dealTarget –CompanybeingpurchasedSVA –Site VisitAgendaBack Office –Supportingfunctions (IT,HR andFinance &Accounting)CORE –Carve OutReadiness& ExecutionKAP –KeyAccountProgramRL –RequestListIMO –IntegrationManagementOfficeCapEx –CapitalExpensePCI DSS –Payment CardIndustry DataSecurityStandardLOI –Letter ofIntentInvestmentThesis –Goals for theinvestmentCAPE –CybersecurityAdvisory forPrivate EquityNewCo –Newlyformed entityafter dealclosesAPA –AssetPurchaseAgreementCIM –ConfidentialInformationMemorandumAPA –AssetPurchaseAgreementUnder theTent –People whoare aware ofthe dealBolt On –Targetacquired &merged w/ aPlatform Co.NDA –NonDisclosureAgreementSMO –SeparationManagementOfficeOpEx –OperatingExpenseFlash Report –Bullet pointsummary of keyissues identifiedafter site visitCORE –Carve OutReadiness& ExecutionNew Logo– New PEFirm orClientDR –DataRoomUnder theTent –People whoare aware ofthe dealTerm Sheet –One pageoutlining theagreementsof the dealTarget –CompanybeingpurchasedSVA –Site VisitAgendaBack Office –Supportingfunctions (IT,HR andFinance &Accounting)CORE –Carve OutReadiness& ExecutionKAP –KeyAccountProgramRL –RequestListIMO –IntegrationManagementOfficeCapEx –CapitalExpensePCI DSS –Payment CardIndustry DataSecurityStandardLOI –Letter ofIntentInvestmentThesis –Goals for theinvestmentCAPE –CybersecurityAdvisory forPrivate EquityNewCo –Newlyformed entityafter dealcloses

M&A Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. APA – Asset Purchase Agreement
  2. CIM – Confidential Information Memorandum
  3. APA – Asset Purchase Agreement
  4. Under the Tent – People who are aware of the deal
  5. Bolt On – Target acquired & merged w/ a Platform Co.
  6. NDA – Non Disclosure Agreement
  7. SMO – Separation Management Office
  8. OpEx – Operating Expense
  9. Flash Report – Bullet point summary of key issues identified after site visit
  10. CORE – Carve Out Readiness & Execution
  11. New Logo – New PE Firm or Client
  12. DR – Data Room
  13. Under the Tent – People who are aware of the deal
  14. Term Sheet – One page outlining the agreements of the deal
  15. Target – Company being purchased
  16. SVA – Site Visit Agenda
  17. Back Office – Supporting functions (IT, HR and Finance & Accounting)
  18. CORE – Carve Out Readiness & Execution
  19. KAP – Key Account Program
  20. RL – Request List
  21. IMO – Integration Management Office
  22. CapEx – Capital Expense
  23. PCI DSS – Payment Card Industry Data Security Standard
  24. LOI – Letter of Intent
  25. Investment Thesis – Goals for the investment
  26. CAPE – Cybersecurity Advisory for Private Equity
  27. NewCo – Newly formed entity after deal closes