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LRS acquires Codeworks for IT staffing growth

PRIVATENov 18, 2025•7 months ago

Acquiring Company

Levi Ray & Shoup

Acquired Company

Codeworks

SpringfieldBrookfieldInformation TechnologySoftwareInformation TechnologyConsulting

Description

Levi, Ray & Shoup, Inc. (LRS) has acquired Codeworks, LLC, an IT staffing and consulting firm based in Milwaukee, Wisconsin. This acquisition brings 120 employees to LRS, enhancing its presence in the upper Midwest. Codeworks will operate as a branch of LRS Consulting Services, leveraging its established client base in various sectors.

Company Information

Company

Levi Ray & Shoup

Location

Springfield, Illinois, United States

About

Levi, Ray & Shoup, Inc. (LRS) is a privately held U.S. company recognized as a global IT leader. The company has been in operation for over 45 years, focusing on IT software, services, and solutions. LRS has corporate headquarters in Springfield, Illinois and remote offices throughout the United States and globally.

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ML-powered predictions for Levi Ray & Shoup's next move

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M&A Insights

Based on deal data
Integration 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

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