Bristow Completes Acquisition Of British International Helicopter Services Limited
Aug 03, 2022•over 3 years ago
Acquiring Company
Bristow Group
Acquired Company
British International Helicopter Services Limited
Description
Bristow Group Inc. (NYSE: VTOL) ("Bristow"), the global leader in innovative and sustainable vertical flight solutions, announced today that it has completed its acquisition of British International Helicopter Services Limited ("BIH") effective August 2, 2022, further enhancing its leading global Government Services offering.
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