Kpler Acquires Marinetraffic And Fleetmon For Maritime Sector Expansion
Feb 15, 2023•almost 3 years ago
Acquiring Company
Kpler
Acquired Company
MarineTraffic
Description
Kpler, the leading provider of commodities data, analytics, and market insight, announced today that it has acquired MarineTraffic and FleetMon; two providers of global ship-tracking data and maritime analytics.
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