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33Eleven Acquires Lumeidon Partners

Mar 09, 2022over 3 years ago

Acquiring Company

33eleven Partners

Acquired Company

33eleven Partners

Information TechnologyInformation Technology

Description

33eleven, the executive search firm specializing in finding leaders for venture, growth, and private equity-backed companies, has acquired Lumeidon Partners, a boutique executive search firm recognized for recruiting leadership teams for high-growth technology companies. This acquisition is a natural progression for 33eleven as it continues to expand its already broad client base and pursue its mission of finding qualified leaders who propel businesses forward. With the addition of Lumeidon, 33eleven gains a more powerful foothold in the tech-enabled and venture industries. As a result of the acquisition, Sam Boynton, Lumeidon's founder, will join 33eleven's leadership team as a Partner.

Company Information

Company

33eleven Partners

About

We partner with venture, growth, and private equity-back companies to help them make the right decisions throughout the entire executive search process—from aligning priorities for search and maintaining consistent interview protocols to driving a compelling offer and ensuring a smooth onboarding process. 33eleven Partners is dedicated to finding the right leader to take its clients' businesses to the next level.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed