Acr Group Announces Acquisition Of Trx Systems

Jan 19, 2022•over 3 years ago

Acquiring Company

ACR Group

Acquired Company

TRX Systems, Inc.

GreenbeltScience And EngineeringGovernment And MilitaryMobileMedia And EntertainmentInformation TechnologySoftwarePrivacy And SecurityNavigation And MappingGovernment And MilitaryData And AnalyticsSoftware

Description

The ACR Group announced the acquisition of TRX Systems, the developer of NEON® GPS-denied location solutions and the TRX Dismounted Assured Position, Navigation, and Timing (PNT) System (TRX DAPS).

Company Information

Company

ACR Group

About

The ACR Group is the leading innovator of satellite-based tracking, data communications, and emergency location products & services used across military and defense, aviation, marine, and outdoor markets. The ACR Group portfolio of companies includes NAL Research, ACR Electronics, Ocean Signal, Skytrac Systems, Latitude Technologies, Flight Data Systems, and FreeFlight Systems. ACR Group is recognized as a world leader in safety and survival technologies for over 60 years.

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