Acquiring Company
Calabrese Consulting
Acquired Company
Albeck Financial Services
Financial ServicesProfessional Services
Description
Calabrese Consulting, an international Special Purpose Acquisition Company (SPAC) advisory firm, today announced that it has acquired Albeck Financial Services (“Albeck”), a Houston-based provider of SEC financial reporting and advisory services for small- and mid-cap public companies. Terms of the acquisition, which became effective April 12, 2022, were not disclosed.
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