Acquiring Company
Acuren Corporation
Acquired Company
ASP Acuren Holdings
TomballArtificial IntelligenceDescription
Acuren Corporation reports its acquisition of ASP Acuren Holdings, Inc., enhancing its critical asset integrity service offerings. This acquisition is part of Acuren's strategy to strengthen its position in the market and capitalize on growing demand. Following the acquisition, Acuren aims to focus on expanding high-margin services while improving operational efficiency.
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