Cavu Human Capital Management Acquires Business Services Group'S Payroll Outsourcing Business
Dec 02, 2022•about 3 years ago
Acquiring Company
CAVU Human Capital Management
Acquired Company
Business Services Group
Description
CAVU Human Capital Management (HCM) an emerging provider of technology, payroll, and human resources announced its seventh acquisition today with the purchase of Business Services Group's payroll clients. Based in West Virginia, Business Services Group has been providing payroll to clients in West Virginia and Pennsylvania for over 20 years.
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