An approach to M&A integrations that looks beyond combinatorial synergies can be the starting point for broader transformation.

A McKinsey article by Chris Hagedorn, Alex Liu, Jonathan Naharro, and Kevin Van Ingelgem

Now more than ever, executives are under unrelenting pressure to create more value for shareholders and stakeholders. Well-capitalized investors are looking for above-market growth, higher margins, and expanded capabilities. Technological, geopolitical, and other disruptions are increasing the speed with which companies must compete and affecting the very nature of competition. Higher interest rates and inflation have further compounded all these challenges.

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