Acquiring Company
Hy-Tek
Acquired Company
FASCOR
SoftwareProfessional ServicesSoftware
Description
Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired FASCOR and LCS. Hy-Tek is a material handling automation integrator serving clients in diverse end-markets and applications, including ecommerce, third-party logistics, and parcel. FASCOR is a leading provider of proprietary supply chain execution software solutions. LCS is a systems integrator. The companies operate as Hy-Tek Material Handling, LLC. The acquisitions were announced by Hy-Tek Holdings CEO Sam Grooms.
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