Acquiring Company
SixSpeed
Acquired Company
KC Truth
Description
SixSpeed, an independent creative marketing agency, has announced the acquisition of KC Truth, a longstanding Minneapolis media and creative agency. This acquisition brings expanded integrated services, including robust media strategy and global placement capabilities, allowing SixSpeed to provide a new level of integrated media and creative services to current clients and prospective partners.
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