Mistertemp’ Group acquires Spain-based Meditempus to expand its international presence
Sep 25, 2024•about 1 year ago
Acquiring Company
Mistertemp’ Group
Acquired Company
Meditempus
Description
Mistertemp’ Group, the 15th largest staffing firm in France, has successfully acquired Meditempus, a well-established temporary employment firm in Spain. This strategic acquisition marks a key milestone in Mistertemp’ Group's international growth strategy, aiming to strengthen its position in the European recruitment market and surpass the €500 million revenue mark by 2024.
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