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DevRight, LLC acquires DTX Media, LLC to enhance its service offering

May 29, 2024over 1 year ago

Acquiring Company

DevRight

Acquired Company

DTX Media

DallasDallasTrainingEducationConsultingFilm ProductionVideo

Description

Generational Group, a leading mergers and acquisitions advisory firm, facilitated the acquisition of DTX Media, LLC by DevRight, LLC. This acquisition aligns perfectly with DevRight's aim to provide a full spectrum of services, including professional speaker management, event production, and brand development, creating a seamless experience for their clients.

Company Information

Company

DevRight

Location

Dallas, Texas, United States

About

DevRight, LLC is a Dallas-based company that provides support, education, and other developmental services to professionals in a variety of industries. They produce and manage professional speakers, develop compelling graphics for international podium presenters, direct and produce educational seminars, and offer a series of professional development courses. The company also provides brand creation and support, including brand development, web site design, app development, healthcare business management, and transition plans.

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M&A Insights

Based on deal data
Integration 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