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Ics Announces Acquisition Of Unified Networking Solutions

Mar 17, 2022•almost 4 years ago

Acquiring Company

ICS

Acquired Company

ICS

Information TechnologySoftwareInformation TechnologySoftware

Description

ICS, a portfolio company of ClearLight Partners and leading provider of Information Technology (IT) Managed Services in the Northeast, announced it has acquired Unified Networking Solutions (UNS), a provider of IT Products and Services in the Southeastern Massachusetts market.

Company Information

Company

ICS

About

ICS is a provider of IT managed services, cybersecurity, cloud migration and other project-based services, and hardware and software reselling for small to medium-sized organizations. The company offers on-site and remote support to customers in the Northeastern US (United States), with an emphasis on serving government, education, healthcare, financial services, professional services, manufacturing, retail, and other industries. ICS was founded in 1986 and is currently led by 20+ year industry veteran Kevin Blake. For more information, visit www.icscomplete.com.

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