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Eliassen Group Completes Acquisition of VIA Technical to Expand Technology Solutions

Oct 16, 2024•about 1 year ago

Acquiring Company

Eliassen Group

Acquired Company

VIA Technical

ReadingSan DiegoInformation TechnologyInformation Technology

Description

Eliassen Group, a strategic consulting company, has acquired VIA Technical, an IT talent services company operating in the San Diego market. The acquisition will expand clients' access to a broader range of services and a larger network of proven talent, enhancing Eliassen Group's presence in Southern California.

Company Information

Company

Eliassen Group

Location

Reading, Massachusetts, United States

About

Eliassen Group is a leading strategic consulting company providing business, clinical, and IT services for its clients as they seek to transform and execute strategies that will drive exceptional outcomes. With over 30 years of success, Eliassen Group focuses on technology solutions, clinical solutions, and financial, risk & compliance, and advisory solutions. The company prides itself on positively impacting the lives of its employees, clients, consultants, and the communities in which they operate.

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M&A Insights

Based on deal data
Integration 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