Acquiring Company
Prometheus Group
Acquired Company
S&V
Description
Prometheus Group, a leading global provider of asset management operations and optimization software, announced the acquisition of S&V, a leading provider of data services and technology solutions for various industries such as Manufacturing, Airlines, Utilities and Oil and Gas.
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