Acquiring Company
Apex Group
Acquired Company
FTS Tech
Description
Apex Group has officially acquired FTS Tech, Inc.(“Flow”), enhancing its digital transformation efforts in fund management. The move adds $17 billion in assets under administration and integrates Flow's technology into Apex's offerings. This acquisition aims to drive innovation and improve services for clients in the private markets.
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