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Centric Consulting Acquires Cyber Risk Management Firm The Mako Group

Aug 02, 2023over 2 years ago

Acquiring Company

Centric Consulting

Acquired Company

The Mako Group

Management ConsultingConsultingInformation TechnologySoftwareRisk ManagementCyber SecurityConsulting

Description

Centric Consulting, an international business and technology consulting firm, announced today that it has acquired The Mako Group, a leading cyber risk management firm. This move allows the company to offer clients a holistic suite of services, combining cyber risk management with existing business and technology services.

Company Information

Company

Centric Consulting

Location

10564 Success Ln

About

Centric Consulting is an international management consulting firm with unmatched expertise in business transformation, AI strategy, cyber risk management, technology implementation and adoption. Founded in 1999 with a remote workforce, Centric has established a reputation for solving its clients’ toughest problems, delivering tailored solutions, and bringing in deeply experienced consultants centered on what’s best for your business. In every project, you get a trusted Centric advisor averaging over 15 years of experience and the best talent from across the United States and India. Centric deliberately builds teams that can scale up or down quickly based on client needs, industry and desired outcome. Headquartered in Ohio, with 1,400 employees and 14 locations, Centric has been honored over the years with more than 100 awards for its commitment to employees, clients and communities. Most recently, the firm was recognized as one of Forbes Best Management Consulting Firms in America for the 8th consecutive year. Visit http://www.centricconsulting.com to learn more. Connect with Centric Consulting: LinkedIn | Twitter | Facebook | Instagram

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