Acquiring Company
Sproule
Acquired Company
ERCE
LondonRenewable EnergyOil And GasEnergyDescription
Sproule and ERCE have announced a strategic merger to create Sproule ERCE, combining their strengths in the global energy sector. The merger has been officially closed on March 26, 2025, following approval from both companies' shareholders. The new entity will provide comprehensive advisory solutions and greatly enhance client service across key global energy hubs.
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