Acquiring Company
King Risk Partners
Acquired Company
Watts, Dawson, & Associates
Description
King Risk Partners has announced the acquisition of Watts, Dawson, & Associates, strengthening its presence in Northern Florida. This acquisition will enhance King Risk Partners' ability to deliver exceptional insurance services. Watts, Dawson, & Associates has over 50 years of experience in providing a range of insurance coverage to clients in central Florida. The partnership is expected to broaden insurance offerings while maintaining high service standards.
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