Acquiring Company
Vangst
Acquired Company
Se7en Staffing & Employment Solutions
Description
Vangst has acquired Se7en Staffing & Employment Solutions, enhancing its leadership in the cannabis hiring sector. Christy Essex, Se7en's CEO, joins Vangst to aid in regional and national expansion. The acquisition increases Vangst's customer base and staffing capabilities. This marks Vangst's third acquisition in twelve months, showcasing its growth strategy.
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