Acquiring Company
STV Group
Acquired Company
Two Cities
LondonBelfastFilm ProductionDescription
STV Group has expanded its media production capabilities by acquiring a majority stake in Belfast-based Two Cities. This acquisition contributed significantly to STV's revenue growth, highlighting the company's strategic focus on enhancing its production arm. The integration of Two Cities into STV's portfolio is expected to bolster its offerings in the competitive media landscape. STV continues to pursue additional growth opportunities in the industry.
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