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TekStream acquires ImagineX's cybersecurity business

PRIVATEApr 21, 202624 days ago

Acquiring Company

TekStream

Acquired Company

ImagineX

AtlantaInformation TechnologySoftwareInformation TechnologySoftwareCyber SecurityConsultingNetwork Security

Description

TekStream has acquired the cybersecurity business of ImagineX, enhancing its Digital Resilience offering. This acquisition includes key capabilities such as Cyber Strategy & Advisory and Continuous Threat Exposure Management. ImagineX will continue to focus on its core services, while TekStream integrates these capabilities for a unified cybersecurity approach.

Company Information

Company

TekStream

Location

Atlanta, Georgia, United States

About

TekStream, headquartered in Atlanta, Georgia, helps clients accelerate digital transformation by navigating complex technology environments with a combination of technical expertise and staffing solutions. They provide battle-tested processes and methodologies to help companies with legacy systems transition to the cloud faster, improving agility, reducing costs, and enhancing operational efficiencies. With a track record of hundreds of successful deployments, TekStream boasts a 98% customer retention rate.

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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