Scutum North America Furthers Its Expansion As Statewide Acquires Digicom
Aug 17, 2022•over 3 years ago
Acquiring Company
Statewide
Acquired Company
Digicom
Description
Statewide Central Station (SCS), part of Scutum North America, is pleased to announce the acquisition of Digicom Central Station in Florida. This acquisition marks the first step for both entities to combine resources and tackle the national task of protecting communities using state-of-the-art security and alarm monitoring technology.
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