Mergers and acquisitions (M&A) can be complex and time-consuming transactions, but the work doesn’t stop once the deal is closed. In fact, the post-closing period is when the real work of integrating the two companies begins. A successful post-closing workflow is critical for ensuring that the M&A transaction delivers on its promise of growth, efficiency, and value creation.

So what does a successful post-closing workflow look like? Here are a few high level key components:

1. Clearly defined roles and responsibilities: It is important to clearly define the roles and responsibilities of employees in the merged or acquired company in order to ensure that everyone knows what is expected of them. This may involve reassigning roles, creating new positions, or clarifying existing roles.
2. Effective communication: Good communication is key to a successful post-closing workflow. This may involve holding regular meetings or town halls to update employees on the progress of the integration process and address any concerns they may have. It is also important to have clear and open lines of communication between departments in order to facilitate the exchange of information and ideas.
3. Integration of systems and processes: Combining the systems and processes of the two companies can be a complex and time-consuming task, but it is critical for achieving efficiency and value. It is important to have a clear plan in place for integrating systems and processes and to involve employees in the process to ensure their buy-in.
4. Cultural integration: Cultural fit is an important consideration in M&A, and it is particularly important during the post-closing period. It is important to create a cohesive and productive work environment by carefully integrating the cultures of the two companies. This may involve adopting common practices, values, and behaviors.

Overall, a successful post-closing workflow is critical for ensuring that an M&A transaction delivers on its promise of growth and value creation. By clearly defining roles and responsibilities, promoting effective communication, integrating systems and processes, and fostering a positive work environment, companies can set themselves up for success in the post-closing period.