Acquiring Company
KORE1
Acquired Company
Technical Connections
Description
KORE1 is excited to announce further growth on the West Coast through their merger and acquisition of Technical Connections, Inc. (TCI), a premier recruiting firm specializing exclusively in the IT industry.
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