Acquiring Company
Risk Strategies
Acquired Company
Bullen Insurance Group
Description
Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced its acquisition of Bullen Insurance Group, a national specialist in helping high-net-worth families, individuals and their businesses protect their assets with insurance and risk management services. Terms of the deal 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