Acosta Group completes acquisition of CROSSMARK and Product Connections, reinforcing its position as the premier growth engine
Jul 16, 2024•over 1 year ago
Acquiring Company
Acosta Group
Acquired Company
CROSSMARK
Description
Acosta Group has completed its strategic acquisition of CROSSMARK, including its headquarter sales agency and retail solutions businesses, and Product Connections, a specialized marketing services business, from WIS International. This acquisition reinforces Acosta Group's position as the premier growth engine for brands, ranging from emerging to iconic, across all channels.
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