Acquiring Company
NOVA Infrastructure
Acquired Company
Xchange Telecom
EnergySatellite CommunicationVoipWirelessHardwareInternet
Description
NOVA Infrastructure (“NOVA”), a middle-market infrastructure investment firm, today announced that it has acquired Xchange Telecom (“Xchange”), a company that delivers high-speed internet, voice, and unified communication services to residents and businesses in Brooklyn, Queens, Manhattan and the Bronx, as well as communities in upstate New York and New Jersey. NOVA first invested in Xchange in September 2021.
FundzWatch™ Score
73
High M&A Activity
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