Half Helix Acquires Able Sense To Expand Upon The Digital Agency'S Shopify Service Offering
Apr 27, 2023•over 2 years ago
Acquiring Company
Half Helix
Acquired Company
Able Sense
Description
Half Helix announces its acquisition of Able Sense, a Halifax-based e-commerce studio, rounding out the digital agency's full-service offering to include emerging companies.
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