Bernhard Capital-Backed Grace Hebert Curtis Acquires Bullock Tice Associates
Apr 05, 2023•over 2 years ago
Acquiring Company
Grace Hebert Curtis
Acquired Company
Bullock Tice Associates
Health Care
Description
Grace Hebert Curtis ("GHC"), a leading architecture firm delivering innovative and functional projects for diverse market sectors, today announced it has acquired Bullock Tice Associates ("BTA"), a multi-generational, full-service architectural firm. Financial terms of the transaction were not disclosed.
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