In-Telecom Consulting, LLC Acquires Lantana Communications to Expand Footprint into Texas
May 29, 2024•over 1 year ago
Acquiring Company
In-Telecom Consulting
Acquired Company
Lantana Communications
Description
In-Telecom Consulting, LLC, based in Slidell, LA, has strategically acquired Lantana Communications, a Fort Worth, TX, telecommunications and managed services provider. This acquisition expands In-Telecom's presence in the Texas market, enhances its capabilities, and adds a proven carrier services team to improve its offerings. The acquisition also brings mature managed services, video surveillance, and access control services to Lantana's existing clients.
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