Renaissance Alliance Completes Acquisitions Of Agency Network Exchange And United Valley Insurance Services
Jan 04, 2022•almost 4 years ago
Acquiring Company
Renaissance
Acquired Company
Agency Network Exchange
ChicagoFinanceInsuranceDescription
Renaissance Alliance, the Agency Growth Engine, has acquired Agency Network Exchange (ANE) and United Valley Insurance Services in separate transactions, adding both organizations to its premier network of independent insurance agencies.
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