Acquiring Company
Creation Technologies
Acquired Company
IEC Electronics
TransportationManufacturing
Description
Creation Technologies, an end-to-end, scalable Global Electronic Manufacturing Services provider, announced today that it has completed the acquisition of IEC Electronics Corp.
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