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Intertek Group Announces That It Has Acquired Playerlync Holdings, Inc.

Aug 24, 2023•almost 2 years ago

Acquiring Company

Intertek Group

Acquired Company

PlayerLync Holdings

Description

Intertek Group plc (“Intertek”), a Total Quality Assurance provider to a range of industries worldwide, announces that it has acquired PlayerLync Holdings, Inc. (“PlayerLync”) a leading SaaS-based platform providing high-quality training and learning content to frontline workers.

Company Information

Company

Intertek Group

FundzWatch™ Score

76
High M&A Activity

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