Image Protect, Inc. Announces Executed Letter Of Intent For Its New Business Acquisition With An Expectation To Close By October 10Th
Oct 05, 2023•about 2 years ago
Acquiring Company
Image Protect
Acquired Company
Business
Music
Description
via NewMediaWire – Image Protect Inc. (OTC:IMTL) (Imageprotect.com) (“Image Protect” or the “Company”), is pleased to announce that it has now executed a Letter of Intent (LOI) for the acquisition of its new subsidiary.
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