Acquiring Company
Fleur Capital Corporation
Acquired Company
Simmesport State Bank
Assam
LouisianaBankingLendingFinanceFinancial ServicesDescription
Fleur Capital Corporation has signed a definitive agreement to acquire Simmesport State Bank, subject to customary closing conditions including approval from the shareholders of Simmesport State Bank and bank regulatory authorities. The transaction is expected to close in the second quarter of 2025.
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