Amba Announces Agreement With Mercer To Acquire Its Associations Business
Jan 12, 2022•almost 4 years ago
Acquiring Company
AMBA
Acquired Company
Associations
Description
Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, today announced that it has reached an agreement to acquire Mercer's Associations business. This acquisition is an important milestone in fueling AMBA's next chapter of growth and will expand the company's ability to serve associations and clients across the country. Mercer's Associations business is a leading provider of end-to-end insurance marketing, distribution, and administration services to association groups such as retired teachers, educators, credit unions and public employees across the US. The acquisition is expected to close Q2 2022.
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