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.
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