Acquiring Company
Zelus Media
Acquired Company
Desert Valley Media Group
PhoenixDescription
Zelus Media has entered into an agreement to acquire Desert Valley Media Group's Phoenix cluster of radio stations for $3.25 million. This strategic move will expand Zelus Media's presence in the Phoenix market, encompassing diverse formats such as Adult Contemporary, Hip Hop, and Classic Hits.
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