One Equity Partners completes acquisition of York Telecom Corporation to enhance IT services
Oct 24, 2024•10 months ago
Acquiring Company
One Equity Partners
Acquired Company
Yorktel
Description
One Equity Partners has successfully acquired York Telecom Corporation, an IT services firm specializing in managed services and enterprise collaboration solutions. This acquisition is expected to enhance Yorktel's capabilities to deliver managed IT services, collaboration system integrations, and advanced AI-based monitoring solutions, thereby elevating the hybrid work experience for its customers.
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