Acquiring Company
Quest Events
Acquired Company
Drape Kings
Description
Quest Events has announced the acquisition of Drape Kings, enhancing its national reach in the event drapery market. Drape Kings will operate under its brand as part of Quest Events, ensuring continuity in quality service. This acquisition brings expanded resources and capabilities to both companies. Clients can expect improved service and innovative solutions in their event productions.
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