Acquiring Company
NetSpark IP & Telecom
Acquired Company
Firefly Telecom
Description
NetSpark IP & Telecom has acquired the telecom division of Firefly IT Asset Recovery. This strategic move marks NetSpark's fifth investment and aims to expand its channel program while providing carrier-agnostic telecom solutions. Firefly Telecom's leadership will transition into roles within NetSpark's carrier services division to help drive the integration.
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