Acquiring Company
Aprio
Acquired Company
JMS Advisory Group
Description
Aprio has announced its acquisition of JMS Advisory Group, enhancing its unclaimed property compliance services. The acquisition allows Aprio to strengthen its advisory capabilities and better meet client needs. JMS's expert team, including its president James Santivanez, will join Aprio as partners. This merger signifies a strategic step in Aprio's growth and service enhancements.
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