Lookingglass Cyber To Acquire Business Intelligence & Strategic Advisory Firm, Next5
May 11, 2022•over 3 years ago
Acquiring Company
LOOKINGGLASS CYBER SOLUTIONS, INC.
Acquired Company
Business Intelligence
Description
LookingGlass Cyber Solutions, the leader in actionable threat intelligence, will acquire Next5, a business intelligence and strategic advisory firm focused on securing American leadership in critical technologies.
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