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David Lindqvist

David Lindqvist joined Alden Advisory in 2015 and launched M&A Integration as a formal practice the following year, in response to a wave of UK banking consolidation.

TitleSenior Partner, Head of M&A Integration
PracticeM&A Integration
Joined2015
Based inLondon

Background

David's view of integration work is shaped by a pattern he saw repeatedly before joining Alden: integration plans that were meticulous about systems and almost silent on decision rights. Two merged institutions can have their technology fully consolidated and still be functionally split, because nobody resolved who has final say when the two organisations' former leaders disagree.

He has led integration engagements across banking, wealth management, and asset management, and is known for insisting that the first 100 days plan name specific decision owners for specific categories of decision, rather than describing an integration committee structure in the abstract.

David works closely with Isabelle Moreau on the cultural integration dimension of every deal, and reviews the value-capture measurement approach on all M&A engagements before they're signed off.

"Most integration plans focus on systems. The deals that create value focus on decision rights in the first 100 days."

David Lindqvist — Senior Partner, Head of M&A Integration

Current research

What David is working on now.

Post-merger decision rightsCultural integrationValue capture measurement

Representative work

Case studies

Merging client-facing teams without losing relationships

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Integrating an acquired lending book without disrupting risk appetite

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Publications

Written by David

Article

The First 100 Days Determine the Deal

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Article

Synergy Targets Are Usually Fiction

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