North American Rail Solutions completes acquisition of Tri Innovations Consulting Ltd. to expand in-house service capabilities
Jun 20, 2024•about 1 year ago
Acquiring Company
North American Rail Solutions
Acquired Company
Tri Innovations Consulting Ltd
Description
North American Rail Solutions, the largest provider of railroad services in North America, proudly announces the acquisition of Tri Innovations Consulting Ltd. This acquisition significantly enhances North American Rail Solutions' capabilities, positioning the company to offer a full suite of in-house services, from design-build to maintenance and operations.
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