Levine Leichtman Capital Partners Portfolio Company Resolution Economics Acquires Berkshire Associates
Oct 31, 2022•about 3 years ago
Acquiring Company
Resolution Economics
Acquired Company
Berkshire Associates
LegalConsulting
Description
Resolution Economics (“ResEcon”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired Berkshire Associates (“Berkshire” or the “Company”). Financial terms of the transaction 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