Acquiring Company
Superior Energy Services
Acquired Company
Quail Tools
Description
Superior Energy Services has announced its acquisition of Quail Tools. This deal nearly doubles Superior's tubular inventory and enhances its global reach. The acquisition aims to strengthen their service offerings in the oil and gas sector.
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