Acquiring Company
Pre-Met
Acquired Company
Quality Springs & Pressings
Description
Pre-Met has acquired Quality Springs & Pressings to boost its market share in various industries. The deal ensures that all 16 QSP employees are retained, increasing Pre-Met's workforce to 60. This acquisition allows Pre-Met to broaden its manufacturing capabilities, including new technologies. The company aims to achieve a revenue target of £10 million with this strategic move.
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