Driving value through strategic M&A planning

KPMG's Integration & Separation team creates and protects deal value through deliberate planning and execution of complex M&A integrations and separations across the deal lifecycle.

Studies show around 70% of acquisitions fail to deliver sustainable shareholder value, often due to insufficient preparation or inadequate asset packaging.

Our specialists work with you across the entire transaction lifecycle. Bringing together deep sector insight, we leverage technology, data, and workforce considerations at deal speed. From pre-deal evaluation to post-deal integration or separation, we provide true one-stop support, to focus on turning opportunities into measurable value.

Our services

KPMG’s Integration & Separation team, backed by a global network, has supported many of the largest transactions across industries. We help achieve objectives efficiently, minimise operational impact, and realise measurable financial and operational outcomes.

We design and mobilise programs across critical functions including finance, technology, HR, procurement, supply chain, and more, giving you greater confidence to achieve your deal ambitions.

Integration support
Separation support

Synergies assessment

Delivering an unbiased evaluation of synergies and their impact on the purchase price. We provide independent reviews, challenge existing assumptions and quantify potential cost and revenue opportunities, while assessing the risks, costs and timeline for realising these benefits.
Operating model design

Developing Target Operating Models (TOMs) for Day 1 operations and their evolution beyond, driving seamless integration and scalability.
Pre-completion planning

Preparing for transaction completion with integration program design, governance set-up and workstream mobilisation.
Day 1 readiness

Creating detailed Day 1 plans to stabilise operations, maintain control and drive clear stakeholder communication.
100 Day Planning

Providing strong governance and program management to achieve integration and synergy goals. We support the Integration Management Office (IMO), focusing on delivery of communication, value creation opportunities and evaluation of the operating model change required.

Separation value identification

Quantify recurring and one-off costs, address stranded costs in the remaining organisation and uncover opportunities for value creation that can enhance the appeal of the business to potential buyers.
Rapid separation assessment

Identification of key separation areas, risks and post-completion agreements, while also assessing the financial implications of the deal, including standalone costs and one-off separation costs.
Separation planning

Define the separation strategy, principles and approach, supported by detailed roadmaps and functional action plans. We also design Target Operating Models (TOMs) for both the divested and remaining businesses – covering the Day 1 interim state and the Day 2 final state.
Post-completion support

Support in preparing the required post-completion documentation, including TSAs, LTAs, and reverse TSAs, to enable readiness for closing.
Day 1 readiness

Safeguard business continuity during the transition by acting as one company until Day 1, driving a seamless handover and operational stability from the first day of separation.
Separation execution

From operations to finance, customer and vendor management, we provide end-to-end execution support across all functional workstreams. This includes setting up and running a Separation Management Office (SMO) and preparing and managing activities to deliver a smooth transition.

Specialist integration and separation expertise

With deep knowledge across the core functions that are critical to success, including People, Technology, and specialist functional capabilities, we support you at every stage of your integration/separation journey. We provide tailored solutions and guidance that enable seamless transitions and deliver enduring value.

Due diligence

We provide an HR Due Diligence framework that examines all people-related dimensions of a transaction. This includes assessments of the HR functional model, workforce and organisational design, workplace relations, remuneration and benefits, and culture and engagement. By identifying key risks and critical value drivers, we help maximise transaction ROI, reduce people complexity or cost, and address risk and compliance issues.

Learn more about KPMG's integrated Due Diligence Services ❯

Integration & Separation design and planning

Developing a comprehensive plan for the treatment of employees, including support for change management and communications, employee experience design, and the management of HR functional objectives post-signing. Conceptual organisation design models are developed to assess current-state impacts and help shape the future-state organisation, ensuring alignment with the target operating model for a seamless transition.

People and HR transition execution

Implementation of people transformation initiatives, encompassing culture alignment, organisational design, and employment integration. Design and implementation of workforce strategies and change frameworks to support the continuous progression of the target-state organisation.

Due Diligence

We provide both Vendor Due Diligence and Buy-side Due Diligence services across technology (including cyber, digital, platform and AI). Vendor Due Diligence assists the vendor to clearly and effectively package information to help bidders assign value through clear articulation of opportunities and a strong value proposition.

From the buy-side, we provide due diligence over the technology, cyber, AI and digital landscapes and operating models to report on key risks that may impact transaction value (e.g. end-of-life systems), understand potential carve-out or integration impacts, and identify technology transformation and upside opportunities to unlock additional value.

Our Cyber Due Diligence capability assesses both outside-in and inside-out perspectives to provide a view of the cyber posture.

Learn more about KPMG's integrated Due Diligence Services ❯

Integration & Separation design and planning

Design target state technology landscape and supporting operating model to enable future merged or separated business operations, and identify, assess and recommend technology integration or separation options and opportunities that impact strategic planning (Day 1, interim state and target state).

For integration and separation planning, we assist you with key activities related to joint IT transition planning, develop data migration strategies, and assist in the preparation of technology one-off costs, synergies, stranded costs, baseline integration or separation costs and review or draft technology TSAs.

Technology transition execution

Management and execution of technology integration or separation plans, including data migration activities. Identification and development of additional technology opportunities to support the ongoing evolution of the target-state environment.

Why choose KPMG?

At KPMG, we bridge the gap between high-level strategy and practical delivery. Our team works with management and stakeholders to define clear integration or separation principles and design operating models that drive growth and transformation.

Backed by KPMG’s global network and proprietary methodologies, we help uncover synergies, manage complexity, and deliver outstanding outcomes, so you see value at every stage.

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