Acquiring Company
Kymera International
Acquired Company
Thermal Spray Solutions
Description
Kymera International ("Kymera"), a global leading specialty materials company, announced today that it has closed its transaction with Thermal Spray Solutions, Inc. ("TSS"), acquiring substantially all their assets. Headquartered in Chesapeake, Virginia, TSS is a leading provider of high-performance thermal spray coatings for corrosion and wear resistance to the U.S. Navy, the shipbuilding sector, and key industrial customers throughout the United States.
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