True Wind Capital Management, L.P. successfully completes acquisition of 19% of SUNCORPORATION
Aug 19, 2024•over 1 year ago
Acquiring Company
True Wind Capital
Acquired Company
SUNCORPORATION
Description
True Wind Capital Management, L.P., a San Francisco-based private equity firm, has successfully completed a tender offer and acquisition of 19% of SUNCORPORATION's common shares at a price of JPY 5,500 per share in cash. This partnership signifies True Wind's commitment to maximizing the corporate value of both SUNCORPORATION and Cellebrite over the long-term.
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