SPAR Group, Inc. to be acquired by Highwire Capital in $2.50 per share deal
Oct 25, 2024•about 1 year ago
Acquiring Company
Highwire Capital
Acquired Company
SPAR Group
marketing & advertising
Description
Highwire Capital is set to acquire SPAR Group, Inc. in a $2.50 per share deal, transforming the middle-market business with innovative technologies to drive efficiency and industry advancements. Upon completion, SPAR Group, Inc. will become a privately held company, and its stock will no longer be traded on NASDAQ.
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