Acquiring Company
Adar
Acquired Company
Rigid Bits Cybersecurity
Description
Adar (www.adarit.com), an IT managed service provider for compliance-based businesses and the independent insurance agency and broker marketplace, today announced the acquisition of cybersecurity firm Rigid Bits. Rigid Bits is best known for its cutting-edge approach to cybersecurity and compliance and its deep experience in the insurance industry.
FundzWatch™ Score
78
High M&A Activity
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