Ron Keating^ Steve, weve looked at it. Its very minor, and there are multiple offerings
inside of even any areas where we have overlap.
Operator^ The next question comes from Mike Halloran from Baird.
Mike Halloran^ Congrats on the. Yes, it makes a lot of sense. I mean as everyone said, I dont think this is a huge surprise. Its just a
question of timing. So a couple here. First, just what are you guys able to do ahead of the transaction is the ground running? And how do you think about priorities when you first get the 2 pieces together? What are going to be the first
buckets you start working on?
Patrick Decker^ Yes, Ill start and then Ill ask Ron to join here. So between now and actual close based
upon regulatory approvals, were going to be keep Mike, in integration planning. So we already have a structure laid out represented by both teams. I kind of laid out earlier the kind of guiding principles for integration planning. So to your
point around what are the priorities, it really is making sure that each of our teams stay focused on delivering on the commitments weve already made to each of you and to our customers. .
Secondly, it is were very clear and whenever Ron got approval from his Board and me with ours, it was around a shared set of numbers on synergies
to go after. So were going to organize and make sure that we deliver on those. It is making sure that we take care of top talent. That is a key priority in these transactions.
So weve got the right structures in place to make sure that we retain people, motivate them, develop them. And lastly, as you and I have talked about
many times before, Mike, one of the most important things that Ron and I do every day is culture and climate. What is going to be the culture and the climate of this combined organization to go fulfill the promises that were making here. And I
know that I can speak for Ron, but Ron, Ill let you jump in here. Thats something that were both very were very excited about, and were also very focused on.
Ron Keating^ Yes. Ill echo what Patrick said. I mean, first and foremost, Mike, were both going to continue to deliver on the commitments we
made for 2023. And while were doing that, very deep planning so that at the close, we can make sure that culture and that climate that Patrick is referring to is there with the best and rides in place to deliver on really what the opportunity
of this combination provides.
So its again, Ive said it a couple of times, but it is an exciting time for the Evoqua team to be part
of a larger organization.
Patrick Decker^ And Mike, weve got another part of your question. So obviously, we theres work we do
between now and regulatory approval. There are boundaries that we cant cross and well make sure that we stay clear of those. Were not going to trip any lines here with the word gun jump. And so then, obviously, once week day 1
after regulatory approval, we will be ready to go at full speed.