PSyngentaExecutive Cockpit

Brand / M&A 360

The roll-up lens — proving the thesis deal by deal, and surfacing the integration drag that holds margin back.

Syngenta · FY25 (modeled)
Top 3 global crop science company
49,000 employees · 12+ US sites · 100 countries
Executive read· the answer, then the moves

The roll-up thesis is working — +$519.7499999999999M of EBITDA captured and 74% of synergy banked — but 4 in-flight businesses ($3573.25M revenue) still hold margin back. Finish their cutover to close the gap to 100% synergy, the highest-return work in the company.

4 of 4 headline metrics improving vs prior · still off target: Synergy Realized 4.5% vs 6.0%, Days Sales Outstanding 62d vs 60d, Recurring Revenue Mix 8.2% vs 10.0%

Do now — ranked by urgency
  1. 1
    Finish the 4 in-flight integrations to close the synergy gapAct now
    Why it matters

    Avg synergy is only 74% of plan banked; the unrealized balance is EBITDA already underwritten but not yet captured.

    What's driving it
    • Avg synergy 74% of plan
    • 4 businesses in flight ($3573.25M revenue)
    FYI
    • In flight: Syngenta Group China, Lawn & Garden, Cropwise, Syngenta Flowers
    • EBITDA uplift to date +$519.7499999999999M
  2. 2
    Recover Syngenta Flowers — lowest synergy at 40%Act now
    Why it matters

    Syngenta Flowers is the weakest cohort on synergy capture; a 90-day savings plan on the gap is unrealized EBITDA.

    What's driving it
    • Syngenta Flowers synergy 40% · 45% integrated
    • 0 in-flight brand(s) with DSO above as-acquired
    FYI
    • Status: Early
    • EBITDA 173.25→194.9%
  3. 3
    Simplot credit exposureAct now
    Why it matters

    Move to credit hold pending paydown; reforecast ARR net of likely churn.

    What's driving it
    • Overdue AR
    • Signal: Alert
    FYI

    Distress filings + overdue AR; churn risk High on $6.4M account.

  4. 4
    Blocker: Quoting / CPQ — Lawn & GardenAct now
    Why it matters

    Gates the cohort cutover (and the exit).

    What's driving it
    • due 2026-09-15 · Mitigating
    • Signal: Integration blocker
    FYI
    • Legacy estimator has no API; quote history export blocked on vendor — stalls CPQ cutover.
    • Owner: Revenue Leadership
💎 Value creation → exitStep 6 of 7 · synergy & uplift by acquisitionCash 360Exit ReadinessAll journeys
🌐 Enterprise 360 modules· on Brand / M&A 360Browse all 31 views ▾
● LiveBuilt forCOO · Integration PMO· what to cut over nextCFO· unbanked synergy & DSO dragBoard / Wind Point· is the roll-up thesis working

Pavion is built by acquisition. This view shows, for each business bought, what we paid for vs what it earns now — and flags the ones still mid-integration where ~+$21M of profit, faster cash and lower churn are still on the table.

Data backing: brand_cohort (as-acquired vs current EBITDA, DSO, ARR, integration %, synergy realized)
Acquired revenue
$6864.97M
7 tracked deals
Recurring (ARR)
$2750.2999999999997M
from the cohorts
EBITDA uplift
+$519.7499999999999M
since purchase
Avg synergy
74%
of plan banked
Integrated
3/7
fully absorbed
Still in flight
$3573.25M
4 businesses
The thesis, in one line

+$519.7499999999999M of profit captured, 74% of the plan banked

Finishing the 4 in-flight businesses (Syngenta Group China, Lawn & Garden, Cropwise, Syngenta Flowers) closes the gap to 100% — the single highest-return work in the company.

Deal by deal

As-acquired → today

Each card: what changed since purchase, how far integration has gone, and the next move.

Syngenta Seeds
acquired 2021 · $736.31M revenue · $259.87M ARR
Integrated
EBITDA %
194.9→303.18
DSO
71→58d
Synergy
92%
Integration100%
Next: Integrated. Harvest it — push cross-brand cross-sell into its customer base and protect the margin gains.
Adama
acquired 2021 · $476.43M revenue · $173.25M ARR
Integrated
EBITDA %
173.25→281.53
DSO
66→54d
Synergy
90%
Integration100%
Next: Integrated. Harvest it — push cross-brand cross-sell into its customer base and protect the margin gains.
Syngenta Crop Protection
acquired 2022 · $2078.98M revenue · $1126.11M ARR
Integrated
EBITDA %
238.22→346.5
DSO
68→56d
Synergy
88%
Integration95%
Next: Integrated. Harvest it — push cross-brand cross-sell into its customer base and protect the margin gains.
Syngenta Group China
acquired 2023 · $1256.05M revenue · $411.46M ARR
In progress
EBITDA %
216.56→281.53
DSO
70→61d
Synergy
74%
Integration82%
Next: Recover synergy — 74% of plan banked. Put a 90-day savings plan on the gap; this is unrealized EBITDA.
Lawn & Garden
acquired 2024 · $887.9M revenue · $303.18M ARR
In progress
EBITDA %
194.9→238.22
DSO
73→67d
Synergy
55%
Integration60%
Next: Recover synergy — 55% of plan banked. Put a 90-day savings plan on the gap; this is unrealized EBITDA.
Cropwise
acquired 2024 · $801.27M revenue · $281.53M ARR
In progress
EBITDA %
194.9→259.87
DSO
71→60d
Synergy
78%
Integration80%
Next: Recover synergy — 78% of plan banked. Put a 90-day savings plan on the gap; this is unrealized EBITDA.
Syngenta Flowers
acquired 2024 · $628.03M revenue · $194.9M ARR
Early
EBITDA %
173.25→194.9
DSO
69→66d
Synergy
40%
Integration45%
Next: Sequence first — only 45% integrated. Accelerate the back-office/sales cutover to stop synergy leaking.
Rack & stack

Which acquisition is performing best?

Each cohort ranked within the set on five KPIs (direction per metric), then a composite Overall Rank from summed rank points — the dashboard's RANKX leaderboard. Top & bottom highlighted.

OverallUnitRevenue↑ betterEBITDA %↑ betterARR↑ betterSynergy %↑ betterDSO gain↑ betterRank pts
1Syngenta Crop Protection$2079M#1347%#1$1126M#188%#312d#28
2Syngenta Seeds$736M#5303%#2$260M#592%#113d#114
3Syngenta Group China$1256M#2282%#3$411M#274%#59d#517
4Adama$476M#7282%#3$173M#790%#212d#221
4Cropwise$801M#4260%#5$282M#478%#411d#421
6Lawn & Garden$888M#3238%#6$303M#355%#66d#624
7Syngenta Flowers$628M#6195%#7$195M#640%#73d#733

Higher EBITDA %, revenue, ARR and synergy rank better; DSO gain = days of receivables improvement since acquisition (more = better). Composite rank points are the sum of the five per-KPI ranks (lower = better).

The full cohort

Every acquisition, one row

As-acquired → current across EBITDA, DSO, integration and synergy.

BrandYrRevenueARREBITDA %DSOIntegratedSynergyStatus
Syngenta Seeds2021$736.31M$259.87M194.9303.187158d100%92%Integrated
Adama2021$476.43M$173.25M173.25281.536654d100%90%Integrated
Syngenta Crop Protection2022$2078.98M$1126.11M238.22346.56856d95%88%Integrated
Syngenta Group China2023$1256.05M$411.46M216.56281.537061d82%74%In progress
Lawn & Garden2024$887.9M$303.18M194.9238.227367d60%55%In progress
Cropwise2024$801.27M$281.53M194.9259.877160d80%78%In progress
Syngenta Flowers2024$628.03M$194.9M173.25194.96966d45%40%Early