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Cadmus Acquires Hamburg-Based Communications Agency Raikeschwertner

Apr 25, 2022over 3 years ago

Acquiring Company

Cadmus

Acquired Company

Communications Agency

ArlingtonProfessional ServicesInformation TechnologySoftwareNatural ResourcesSustainability

Description

Cadmus, a leading provider of technical and strategic expertise to governments, energy utilities, and private sector companies worldwide, announces it has acquired the Hamburg-based communications agency RaikeSchwertner. With the acquisition, Cadmus expands the offerings of its German subsidiary, ifok GmbH (ifok) around digital products, virtual and hybrid dialog formats, and multimedia. In addition, the new location in Hamburg widens ifok’s reach in the areas of sustainability, energy, mobility, and infrastructure. RaikeSchwertner's client portfolio also strengthens ifok's access to the private sector and its positioning in the integrated communications agency market. Now, more than 30% of ifok's employees will work in the fast-growing area of communications and campaigns, bringing ifok into the ranks of the 20 largest communications agencies in Germany.

Company Information

Company

Cadmus

Location

Arlington, Virginia, United States

About

Cadmus is a strategic and technical consultancy compelled to help solve the world's most challenging problems. We assemble outstanding teams of leading experts leveraging transformative technologies to work seamlessly across disciplines to help you achieve extraordinary results. From energy, water, and transportation to safety, security, and resilience—together, we are strengthening society and the natural world. Cadmus’ more than 600 consultants serve government, commercial, and nongovernmental organizations around the world. For more information, visit www.cadmusgroup.com.

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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