95 Percent Group, A Portfolio Company Of Leeds Equity Partners, Acquires Tools 4 Reading
Feb 22, 2023•almost 3 years ago
Acquiring Company
95 Percent Group
Acquired Company
Tools 4 Reading
Description
95 Percent Group (the "Company") today announced the acquisition of Tools 4 Reading, a company founded nearly 15 years ago by literacy education leader Mary E. Dahlgren, Ed.D., to provide educators with the knowledge, skills and resources to ground literacy instruction in the Science of Reading. The acquisition comes close on the heels of the Company's January acquisition of Hill Reading Achievement Program (HillRAP) from Hill Learning Center. Terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration 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