Acquiring Company
LightEdge
Acquired Company
Cavern Technologies
Description
LightEdge, a leading provider of colocation, cloud and managed service solutions, today announced the acquisition of Cavern Technologies, a premier enterprise-grade data center provider in Kansas City.
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