Acquiring Company
Toll Group
Acquired Company
Transolve Global
Description
Toll Group has successfully completed the acquisition of Transolve Global. This strategic move is aimed at enhancing Toll's freight capabilities and expanding its customer base. With Transolve now part of Toll Global Forwarding, the integration ensures service continuity and improved offerings. Transolve CEO Rachael Budd will lead the new business unit, focusing on specialized freight solutions.
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