Erm Acquires Point Advisory To Strengthen Apac Sustainability Services
Feb 28, 2022•almost 4 years ago
Acquiring Company
ERM
Acquired Company
Point Advisory
Description
ERM, the world’s largest pure play sustainability advisory firm, has acquired Point Advisory, a leading Australian climate change and sustainability consultancy offering strategic and technical advice to businesses in the region. This acquisition will enhance ERM’s ability to support clients across Australia and the broader APAC market, as organizations increasingly seek to operationalize sustainability.
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