ITT Inc. completes acquisition of kSARIA Parent, Inc. to strengthen Connect & Control Technologies segment
Sep 12, 2024•over 1 year ago
Acquiring Company
ITT
Acquired Company
kSARIA Parent
Description
ITT Inc. has successfully completed the acquisition of kSARIA Parent, Inc., a leading producer of mission-critical aerospace and defense connectivity solutions. This strategic acquisition will enhance ITT's Connect & Control Technologies segment and expand its capabilities in providing harsh environment connectors and control components for critical aerospace, defense, and industrial applications.
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