Acquiring Company
The Hoffman Agency
Acquired Company
CCGroup
Description
The Hoffman Agency has acquired CCGroup, enhancing its global proposition in the tech sector. With this acquisition, the two London teams will merge to create a single operation under The Hoffman Agency. CCGroup’s senior leaders will take on significant roles in the newly combined entity. This deal aims to broaden the service offerings and expertise available to clients in the tech marketplace.
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