Acquiring Company
DigiDirect
Acquired Company
Mwave
SydneySydneyRetailRetailDescription
DigiDirect Group has acquired tech reseller Mwave as Mwave's parent company enters voluntary administration. Mwave assures customers that operations will continue as usual while it transitions to DigiDirect's headquarters. All employees will retain their positions, and existing customer services will remain unaffected during this transition.
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