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Acquiring Company
Zedcrest Group
Acquired Company
Leatherback
LagosFinancial ServicesFinanceLendingFinancial ServicesSoftwareConsumer GoodsInternet ServicesDescription
Zedcrest Group has acquired Leatherback, a UK-based financial-technology firm. This acquisition allows Zedcrest to enhance its presence in digital payments and support its financial services platform. Leatherback will continue its operations under existing leadership while benefiting from Zedcrest's resources. The deal is expected to improve product development and reliability for global markets.
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