GDT completes acquisition of MDS Global IT to advance collaboration capabilities
Sep 24, 2024•about 1 year ago
Acquiring Company
General Datatech
Acquired Company
MDS Global IT
Description
Global IT solutions provider General Datatech (GDT) has completed the acquisition of MDS Global IT (MDS) to expand its international collaboration and contact center practice. This strategic acquisition reinforces GDT's commitment to meeting the growing digital transformation needs of customers, expanding global market share, and creating new opportunities for customers on both sides.
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