Acquiring Company
Grant Thornton France Spain and Belgium
Acquired Company
Stax
Description
Grant Thornton Advisors has successfully acquired Stax from Blue Point Capital Partners. This acquisition follows a strong partnership between Stax and Blue Point, which saw significant growth and transformation for Stax over four years. The deal supports Stax's continued expansion and commitment to delivering exceptional consulting services to its clients. Blue Point boasts a long history of investing in and accelerating lower middle-market businesses.
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