NowVertical Group Inc. sells Allegient Defense, Inc. to a subsidiary of BCS, LLC
May 28, 2024•over 1 year ago
Acquiring Company
BCS
Acquired Company
Allegient Defense
Government And MilitaryManufacturingSoftware
Description
NowVertical Group Inc., a leading data analytics and AI solutions company, strategically sells Allegient Defense, Inc. to focus on its core business of integration and unified brand. This transaction allows NowVertical to optimize its core business strategy, streamline integration operations, enhance overall EBITDA, and allocate resources more effectively towards growth driven by its integration strategy.
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