Closing a deal? Do this first. Approaching Day 1 in post-merger integration: From mere risk avoidance to value generation1

Effective post-merger integration (PMI) planning begins long before the deal is closed, serving as the foundation for long-term value creation and operational continuity. It is crucial for dealmakers to recognize that PMI is not merely a post-closing activity but a strategic process that should begin as early as the due diligence phase.