Kestrel Partners

Insights

M&A Integration Perspectives

Practical thinking and real-world case studies from principals who have led integrations across industries, geographies, and deal structures.

November 18, 2025

Article

Why Plan Your Acquisition Integration Before Deal Close?

Ensuring a Seamless Transition and Maximizing Value

Legal Entity Wind Down

Case Study

Entity Liquidation in Brazil

A two-phase liquidation of a dormant Brazilian subsidiary with complex inventory and tax compliance issues, requiring engagement of local counsel and regulators.

March 13, 2025

Article

Revenue Synergies: Why are they so elusive and what to do about it

Most acquisitions are justified by revenue synergies — yet they're the hardest to capture. Here's why they fail, and the five steps that actually work.

M&A Integration

Case Study

VMware: Acquisition Integration of AirWatch

End-to-end finance and operational integration of AirWatch into VMware following a major enterprise mobility management acquisition.

September 9, 2024

Article

Playbook Evolution for Serial Acquirers

How companies executing an inorganic growth strategy can build, scale, and continuously improve their M&A integration playbook — from first acquisition through a mature repeatable program.

M&A Integration

Case Study

Spirent Communications: Acquisition Integration of octoScope

Integration of octoScope into Spirent Communications following the acquisition of a wireless testing solutions company.

June 19, 2023

Article

M&A Integration: How Early to Start and What Is the Time Commitment?

Management teams on both sides of a deal consistently struggle with timing. This article lays out practical rules of thumb for when to start integration planning — and what the work intensity looks like before and after close.

Carve-Outs

Case Study

4-Way Amalgamation in Canada

Complex multi-entity merger in Canada involving the simultaneous transfer of manufacturing activities to a new entity and amalgamation of four entities into one NewCo.

December 17, 2020

Article

Agile Principles for M&A Integration?

M&A integration projects are complex, time-pressured, and full of unknowns — exactly the conditions where Agile principles provide the most value. Here are five Agile Manifesto principles and why they apply directly to post-merger integration.

M&A Integration

Case Study

Large Acquisition by Major Tech Company

Comprehensive integration program for a large-scale acquisition by a Fortune 500 technology company, covering finance, IT, HR, and operational transformation across multiple geographies.

October 26, 2020

Article

Complete Post-Merger Integration within 120 Days?

A 120-day PMI timeline may sound impossible — but it is highly recommended to pursue it. Here is why aggressive integration timelines realize more deal value, and what it takes to get there.

Operational Transformation

Case Study

Blade Divestiture from Nortel Networks

Build-out of complete accounting, commercial, and legal infrastructure for Blade Network Technologies following its spin-out from Nortel Networks—culminating in a successful sale to IBM.