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Iconex Acquires Point-Of-Sale Rolls Division From Graphic Controls

Feb 07, 2023•almost 3 years ago

Acquiring Company

Iconex

Acquired Company

Rolls Division

MobileSoftware

Description

Iconex has acquired the Point-of-Sale Rolls division of Graphic Controls Transactional Media and will absorb the division’s equipment and customer base, but not any employees. Graphic Control’s POS products are used in the retail, kiosk, banking, law enforcement and entertainment industries.

Company Information

Company

Iconex

About

Iconex Paper is the world's leading low-cost provider of paper receipt solutions that transform business processes to drive profitability, productivity, customer satisfaction and sustainability. A tradition of innovation dating back to 1887 is woven into the fabric of the Iconex Paper identity, beginning with the company's invention of the paper receipt, which revolutionized business transactions.

M&A Insights

Based on deal data
Integration 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