Acquiring Company
Englobe Corporation
Acquired Company
Higher Ground Consulting
Description
Englobe Corporation has acquired Higher Ground Consulting Inc., enhancing its market presence in Canada. This acquisition allows Englobe to integrate Higher Ground's expertise in environmental engineering and consulting. The 65 employees of Higher Ground will join Englobe, maintaining their structure under current leadership. This merger aims to bring more value to clients and stakeholders across western Canada.
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