Carve-In · Post-Merger Integration · Synergies

The acquisition creates the potential.
The integration creates the value.

You have just acquired an entity: it now needs to be connected to your ecosystem, systems converged, processes harmonized, and the synergies promised to the board delivered. That is a program in its own right, and I run it.

CLOSING
Baseline, priorities
100 DAYS
Quick wins, governance
CONVERGENCE
Systems, processes, teams
SYNERGIES
Measured and delivered
TARGET
Integrated organization
Definition

What is a carve-in, or PMI?

Post-Merger Integration is the program that turns a legal acquisition into an operational reality: making two IT landscapes, two organizations and two cultures work together, at the pace set by the deal's strategy.

The integration model

Full integration, partial alignment or preserved autonomy: the choice is made workstream by workstream, not wholesale. The ERP can converge while R&D stays autonomous. Making these trade-offs objective is the program's first deliverable.

The first 100 days

The window where everything is decided: governance installed, quick wins delivered, teams reassured, roadmap validated by the board. What isn't framed in the first 100 days is paid for over the next two years.

Synergies as deliverables

Every synergy in the business case gets a value, a deadline and an owner. The program tracks them as milestones, including IT synergies: licenses, contracts, redundant infrastructure and applications.

The risks of an unmanaged integration

What destroys the value of an acquisition.

The synergies stay in the business case.

Quantified to convince the board, never managed after closing. Two years later, both IT landscapes still coexist, duplicate contracts keep running, and no one can say what was actually delivered.

The acquired entity bleeds its talent.

Prolonged uncertainty drives away precisely the people you paid for. A milestone-driven, well-communicated integration shortens the period of doubt, and with it the attrition.

Interconnecting the systems imports the vulnerabilities.

Connecting the target's network before auditing its security amounts to opening your own door. Several major incidents of recent years came in through a freshly acquired subsidiary.

A successful PMI is a governed PMI: a single owner, measurable milestones, a board that tracks value creation in real time.


Let's talk about your deal
The method

Four phases, from closing to target organization.

1

Baseline and roadmap

Mapping systems, processes and teams on both sides, cyber audit of the acquired environment, integration model chosen workstream by workstream. Deliverable: a costed roadmap validated by the board.

2

The 100 days: governance and quick wins

Integration governance installed, owners appointed, first synergies delivered and communicated. The momentum of the first 100 days conditions the teams' buy-in for everything that follows.

3

Milestone-driven convergence

Migration or interconnection of systems, including email and Microsoft 365, process harmonization, contract consolidation. Every wave is sequenced, tested and reversible.

4

Measured synergies and handover

Value tracked synergy by synergy, documentation, transfer to the permanent teams. The program dissolves into the target organization, not the other way around.

Cybersecurity, business continuity and compliance are workstreams built into the program, not afterthoughts. See the GRC practice
Frequently asked questions

What I get asked about post-merger integrations.

What is the difference between carve-in and PMI?

The two terms describe the same reality from two angles: the carve-in is the integration of an acquired entity into the buyer's ecosystem; Post-Merger Integration is the program that organizes that integration after closing. In both cases, the goal is to converge systems, processes and teams without destroying the value acquired.

Should everything be integrated, and at what pace?

No. The degree and pace of integration are strategic decisions: full integration, partial alignment or preserved autonomy. The program director's role is to make these choices objective, workstream by workstream, based on expected synergies, risks and the teams' absorption capacity.

Why do so many PMIs fail to deliver the announced synergies?

Because synergies are quantified at deal time but rarely managed as a program after closing: no milestones, no single owner, teams absorbed by day-to-day operations. A managed PMI treats every synergy as a deliverable, with a value, a deadline and an owner.

How does cybersecurity fit into a PMI?

Connecting an acquired entity's IT to the buyer's means inheriting its security posture. Auditing the acquired environment, remediating before interconnection, aligning policies and ensuring NIS2, DORA or ISO 27001 compliance: the cyber workstream conditions the convergence timeline.

Your integration deserves program direction that measures up.

One 30-minute call and you know what's feasible, in what timeframe and under what conditions.

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