Deus X Capital backed Solstice Labs completes acquisition of assets from Bridgetower Capital GmbH to establish Solstice Staking AG
Dec 11, 2024•about 1 year ago
Acquiring Company
Solstice Labs
Acquired Company
Bridgetower Capital GmbH
Description
Solstice Labs, backed by Deus X Capital, announced the acquisition of assets from Bridgetower Capital GmbH to form Solstice Staking AG, a Swiss public limited company. This acquisition enables Solstice Staking AG to provide on-premises and banking-grade staking infrastructure for institutional clients running on fully renewable energy, alongside key distribution partnerships with other institutions.
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