Acquiring Company
ARETUM
Acquired Company
Artemis Consulting
Description
ARETUM, LLC today announced that it has acquired Artemis Consulting, Inc. ("Artemis"), a McLean, VA-based prime contractor to multiple federal agencies. ARETUM, a leading mid-tier organization focused on providing management consulting, mission support, and technology solutions primarily serves the Department of Defense, Department of Homeland Security, and Federal Civilian agencies through a broad array of contracts, contract vehicles, and talented resources. ARETUM is a portfolio company of Renovus Capital Partners.
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