Acquiring Company
Givex Corp
Acquired Company
Loyalty Lane
Description
Givex Information Technology Group Limited. ("Givex") (TSX: GIVX) has completed the purchase of all of the outstanding shares of Loyalty Lane, Inc. ("Loyalty Lane").
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