Otc: Ilus, Ilus International (Ilustrato Pictures International Inc) Announces The Acquisition Of Its First Us Firefighting Equipment Distributor, Georgia Fire And Rescue Supply, Llc.
Feb 15, 2022•almost 4 years ago
Acquiring Company
ILUS International
Acquired Company
Firefighting Equipment Distributor
New YorkOil And GasDescription
via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company has completed several acquisitions and has now acquired Georgia Fire and Rescue Supply. This is ILUS’ first distribution acquisition and it is key to the rollout of ILUS technology across North America, whilst adding significant technical expertise and consistent, profitable revenue to the company.
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