Golden Triangle Ventures, Inc. Announces Complete Acquisition Of Le Pragma Assets And Intellectual Property
Jun 29, 2023•over 2 years ago
Acquiring Company
Golden Triangle Ventures
Acquired Company
Property
Description
via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) announces that it has fully acquired all assets and intellectual property of Le Pragma, LLC, a full retail line of high-end, all-natural, health, wellness, and beauty products.
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