{
  "docId": "019dd923-622c-750b-8b99-3dd81deb19cb",
  "docSlug": "0cee9cc55960",
  "documentTitle": "Generac Holdings, Inc. (GNRC)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-06-22 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 60,
  "pageCount": 145,
  "prevPage": 59,
  "nextPage": 61,
  "slideType": "ceo_quote",
  "function": "expose_contradiction",
  "density": "sparse",
  "nDataPoints": null,
  "notes": "The slide uses red text within the quotes to emphasize the negative aspects of the acquisition process (e.g., 'blistering pace', 'strenuous circumstances', 'more complicated').",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "quote_block"
  ],
  "metadataConfidence": null,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-3dd81deb19cb/60",
  "deckHref": "/decks/019dd923-622c-750b-8b99-3dd81deb19cb",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-3dd81deb19cb.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-3dd81deb19cb#slide-60",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Our observations about challenges with the Neurio acquisitions and financial reporting problems are mirrored by some comments made by Neurio Technology’s former VP of Finance and Administration who commented there were accounting system conversion issues and “continual legacy matters with finance and operations”.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-e6ed-775b-bcc0-1f4972a4d6c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“Not only did we have to get through the deal at a blistering pace, but I had to manage the process under strenuous circumstances. The deal was done while the annual audit work was underway as well as an accounting system conversion. And we continually had to deal with legacy matters within the finance and operations.” — Former Neurio VP of Finance; “This acquisition was one of the larger and more complicated technology M&A transactions in BC during the past year” — Jon Conlin, Fasken Partner",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-e6ed-775b-bcc0-22fcf5dde907",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 80,
      "from": 51,
      "beatId": "30393ebc-bd24-4c79-ab91-e425a1618c42",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Evidence",
      "beatSlug": "evidence",
      "evidence": "Detailed analysis of Generac's financial strains",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}