Resources Connection, Inc. completes acquisition of Reference Point LLC to expand advisory offerings in the financial services sector
Jul 01, 2024•over 1 year ago
Acquiring Company
Resources Connection
Acquired Company
Reference Point
Description
Resources Connection, Inc. (RGP) has closed its transaction to acquire Reference Point LLC, a strategy, management, and technology consulting firm serving the financial services sector. This acquisition creates significant opportunity for both organizations to provide an integrated value proposition for their collective clients and accelerates RGP's growth in the financial services sector and consulting business overall.
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