多益M&A · 4 minCEFR B2
When the Integration Failed
by Kevin Chiu · Apr 2026
Eighteen months after the , the systems integration remains incomplete. Finance still runs on separate ledgers and the combined sales funnel is stitched together manually.
Root causes: underestimated technical debt in the acquired codebase, departure of three key engineers within six months, and a change management plan that in operating integration.
The board requested a reset plan. The new target closes major integration milestones by year-end, with a realistic buffer built in.
Lessons for the next deal: budget more heavily for people retention, run 90-day "jointness" tests with both engineering leads, and include integration scorecards in post-close reporting.