Acquiring Company
Gordon Technologies
Acquired Company
Paisano
Description
Gordon Technologies LLC ("Gordon") is pleased to announce the acquisition of Paisano Labs, LLC ("Paisano"). Paisano provides proprietary gamma detectors and propagation resistivity tools used in the directional drilling sector of the oil and gas industry.
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