Acquiring Company
BMS Group
Acquired Company
Oria Sigorta ve Reasürans Brokerliği
London
IstanbulRisk ManagementFinancial ServicesFinanceInsurtechInsuranceDescription
BMS Group has acquired Istanbul-based Oria Sigorta ve Reasürans Brokerliği, enhancing its operations in the Turkish insurance sector. The financial terms of the acquisition were not disclosed. This move aligns with BMS Group's strategy to broaden its reach into the Middle East and improve client-focused solutions. The integration is expected to provide more competitive and holistic services for local and international clients.
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