Oliver Wyman Completes Acquisition Of Booz Allen Hamilton'S Mena Strategy Consulting Business
Sep 01, 2022•over 3 years ago
Acquiring Company
Oliver Wyman
Acquired Company
MENA
Description
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), today announced the completion of the acquisition of Booz Allen Hamilton's (NYSE: BAH) strategy consulting business serving the Middle East and North Africa (MENA). The financial terms of the agreement were not disclosed.
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