Cdi (Computer Design & Integration) Acquires Leading Dmv-Based Integrator, Managed It, And Cloud Services Provider, Clearpath Solutions Group
Jan 18, 2022•over 3 years ago
Acquiring Company
CDI
Acquired Company
IntegratorIT
Description
Following 18 months of successful acquisitions and integrations, CDI (“Computer Design & Integration LLC”) announced today that it is continuing with its focus on growth by acquiring Clearpath Solutions Group, a solutions provider primarily servicing the mid-Atlantic, including Washington D.C., Maryland and Virginia.
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