Acquiring Company
Barratt Developments plc
Acquired Company
Redrow plc
ConstructionBuilding MaintenanceConstruction
Description
Barratt Developments plc has successfully completed the merger with Redrow plc as of August 21, 2024. The integration process is nearing completion, with key leadership transitions in place. Matthew Pratt, the former CEO of Redrow, is set to step down from the Board while the company solidifies its market position. This merger is expected to enhance operational efficiency and strengthen the combined entity's performance.
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