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Lelantos Holdings, Inc. Announces An Update On Its Merger Process And Acquisition Of Lelantos Energy

Dec 16, 2022•almost 3 years ago

Acquiring Company

Lelantos Holdings

Acquired Company

Lelantos Holdings

Agriculture and FarmingInformation TechnologyAgriculture and FarmingInformation Technology

Description

via InvestorWire -- Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), formerly ProConcept Marketing Group, Inc., is pleased to announce an update in regard to finalizing its merger which is intended to fully complete the process of establishing Lelantos Holdings as a public entity on the OTC Market. The company was already approved by FINRA for its name change, symbol change, and reverse split and currently trades under the symbol LNTO.

Company Information

Company

Lelantos Holdings

About

Founded in the spirit of “Solution Hunting,” Lelantos Holdings' innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. Lelantos is eager to expand its multifaceted presence to a public platform with a mission to create a diversified group of businesses at the forefront of innovation and foster an environment for accelerated growth and success, contributing to our shareholder’s investment portfolio. Pursuing business development through strategic innovation, Lelantos Holdings focuses on emerging technology in traditional markets to foster innovation and advance technological developments to positively impact our communities within the specific industries in which the company works: Agricultural Technology & ConsultationSustainable EnergyBusiness Development & Marketing Medical Technology

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