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Acquiring Company
Matrix Adhesives Group
Acquired Company
IPS Adhesives
Description
Matrix Adhesives Group has announced its acquisition of IPS Adhesives. This move aims to expand Matrix's technology and branded portfolio, enhancing its market reach. IPS Adhesives serves multiple industries, including construction and marine. The acquisition is part of Matrix's growth strategy in the adhesives market.
Related People
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