Kelley Connect Acquires Royal Business Systems, Northern Business Systems
Sep 01, 2021•over 4 years ago
Acquiring Company
Kelley Connect
Acquired Company
Northern Business Systems
Description
Continuing its expansion in the Pacific Northwest, Kelley Connect has acquired Royal Business Systems in Anchorage and Northern Business Systems in Fairbanks, Alaska. The strategic move completes Kelley Connect's efforts to service the entire state with technology and business solutions.
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