Gic, Omers Infrastructure And Wren House To Acquire Direct Chassislink Inc.
Jun 24, 2022•over 3 years ago
Acquiring Company
OMERS and OMERS Infrastructure
Acquired Company
Direct ChassisLink
SustainabilityInformation TechnologyPrivacy And SecurityGovernment And MilitaryFinancial Services
Description
GIC, OMERS Infrastructure and Wren House have announced the signing of an agreement to jointly acquire Direct ChassisLink Inc. (DCLI) from investment funds managed by Apollo and EQT. DCLI is a leading chassis provider in the U.S., enabling over-the-road transportation of containerized freight to and from ports, railyards, and customer locations. Terms of the investment are not being 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