Hueman People Solutions completes acquisition of PrincetonOne to enhance recruitment capabilities
Jun 24, 2024•over 1 year ago
Acquiring Company
Hueman People Solutions
Acquired Company
PrincetonOne
Description
Hueman People Solutions, a renowned recruitment and staffing firm, has completed the strategic acquisition of PrincetonOne. This move is aimed at expanding Hueman's capabilities and enhancing its recruitment solutions to better serve its clients across various industries.
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