Omega Systems completes acquisition of Amnet Technology Solutions and Cloudpath to expand multi-cloud connectivity
Jun 05, 2024•over 1 year ago
Acquiring Company
Omega Systems
Acquired Company
Amnet
Description
Omega Systems, an award-winning managed service provider, has announced the acquisition of Amnet Technology Solutions and Cloudpath. This acquisition accelerates Omega’s growth momentum and provides Amnet and Cloudpath customers with access to deep technical expertise and an extensive portfolio of managed IT, cybersecurity, and regulatory compliance services.
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