Acquiring Company
Wenger Corporation
Acquired Company
Texas Scenic Company
Description
Wenger Corporation has announced the acquisition of Texas Scenic Company, enhancing its performing arts capabilities. This strategic move brings together expertise in performance solutions from both companies. Operations at Texas Scenic will continue uninterrupted while integrating resources and services. Customers can expect enhanced opportunities and seamless service.
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