Pcs-Mosaic Acquires Four Asrc Federal Intelligence Solutions Companies, Launches Athenix To Expand Intelligence Community Footprint
Apr 12, 2022•over 3 years ago
Acquiring Company
PCS-Mosaic
Acquired Company
ASRC Federal
Description
PCS-Mosaic Holdings today announced the acquisition of four ASRC Federal intelligence solutions companies and the launch of its new Athenix business unit in a bold, strategic move to dramatically expand the firm’s intelligence community footprint. The acquired companies — OSI LLC, Agency Consulting Group LLC, Kimmich Software Solutions LLC and ExaTech Solutions LLC — all of which previously operated within ASRC Federal’s Defense & Intel group, are now part of PCS-Mosaic’s Athenix Cyber & SIGINT Solutions business based in Columbia, Maryland.
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