Empire Technologies Risk Management Group Acquires L2 Services – An Industry-Leading Litigation Support Company
Mar 08, 2022•over 3 years ago
Acquiring Company
Empire Technologies Risk Management Group
Acquired Company
L2 Services
Privacy And SecurityProfessional ServicesInformation TechnologyOtherMedia And EntertainmentInformation Technology
Description
Empire Technologies Risk Management Group (ETRM Group), the experts on data security, announces the company’s acquisition of L2 Services, a litigation support company with offices in Chicago and New York. The merger builds upon L2 Services’ existing track record and complements ETRM Group’s enterprise data management practice for corporations, law firms and government organizations. Going forward, the company will be known as “L2 Services – An ETRM Group Company.”
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