S2Verify, One Of The Fastest Growing U.S. Companies, Acquires Yale Background Screening - Doubling Its Size Overnight
Feb 03, 2023•almost 3 years ago
Acquiring Company
S2Verify
Acquired Company
Yale Background Screening
ConsultingHealth Care
Description
Today, the S2Verify board of directors announced the firm's acquisition of New-York-based Yale Background Screening (Yale Associates, Inc), a highly reputable company with long-standing, multi-year relationships with Fortune-ranked enterprises in the pharmaceutical, healthcare, automotive, and financial services industries.
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