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Berks Group Announces Acquisition Of 180 Skills

Jan 12, 2022almost 4 years ago

Acquiring Company

BERKS Group

Acquired Company

180 Skills

Media And EntertainmentEducationSoftwareCommerce And Shopping

Description

BERKS Group announces the acquisition of 180 Skills. 180 Skills is focused on skills-based training to help manufacturers increase productivity and decrease turnover.

Company Information

Company

BERKS Group

About

The BERKS Group is a diversified family of companies with holdings in education technology, high-value precision manufacturing, technology infrastructure and better-for-you consumer brands. The Bradley family also owns the News-Press & Gazette Company which has media holdings in digital, broadcast television, radio and publishing. www.BERKSGroup.com

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