Acquiring Company
Astral Resources
Acquired Company
Maximus Resources
Description
Astral Resources has successfully completed the acquisition of Maximus Resources, securing 100% of the company’s shares and consolidating roughly 1.8 million ounces of gold resources in the process.
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