Investor Group led by Midfed Acquisition Corp. Acquires Midland Capital Holdings Corporation
Sep 20, 2024•about 1 year ago
Acquiring Company
Midfed Acquisition
Acquired Company
Midland Capital Holdings Corporation
BridgeviewFinanceFinancial ServicesDescription
Midland Capital Holdings Corporation, the holding company of Midland Federal Savings and Loan Association, has been acquired by an investor group led by Midfed Acquisition Corp. The acquisition is aimed at expanding the product offerings for customers and community, enhancing technology, and maintaining an exceptional customer experience.
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