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Your client is a private equity (PE) firm that has recently added a Mexican acquisition, MexiCo, to one of its portfolio funds. Mexico will be

Your client is a private equity (PE) firm that has recently added a Mexican acquisition, MexiCo, to one of its portfolio funds. Mexico will be treated as an independent portfolio company (portco). This is your client's first international acquisition; all of its portcos are domestic (based in the United States). Your client will be retaining the existing finance and accounting staff of MexiCo; financial reporting will be completed by them and then forwarded to your client's domestic finance and accounting team for incorporation into the fund's financial reporting. your client has asked you for your advice on potential issues that arise from this approach, so that a plan to resolve those issues before such occur can be developed. As a first step in advising your client, prepare a brief e-mail response identifying some likely issues. Using the information in chapters 1 and 2, supported by a brief perusal of the textbook's table of contents, describe the issues in a cause-and-effect format. (Due to x, y may occur.).

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