You are an M&A analyst at a corporate advisory firm. Evaluate the strategic and financial viability of the following proposed acquisition, based on the target company’s financials, industry position, and synergy estimates.

Your output should include:

1. Summary of deal rationale and strategic fit.
2. Valuation multiples (EV/EBITDA, P/E) compared to industry benchmarks.
3. Expected synergies (cost and revenue) and their impact on deal value.
4. Recommendation: Proceed / Decline / Renegotiate, with brief justification.

Present your analysis in a concise M&A memo format.