Acquiring Company
IGS Energy
Acquired Company
Just Energy
Description
IGS Energy has completed its acquisition of Just Energy, creating one of the largest energy retailers in North America. The move significantly expands IGS Energy's footprint in key markets while Just Energy will continue operating independently under its existing brands. This acquisition positions both companies to enhance customer offerings and seize new growth opportunities in deregulated energy markets.
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