Stefanini Group Acquires Safeway Consultancy To Reinforce Cybersecurity Services
Mar 28, 2023•over 2 years ago
Acquiring Company
Stefanini
Acquired Company
Safeway Consultancy
Description
The increase in cyber-attacks that cause operational disruptions have increased investments in cybersecurity solutions around the world. In response to the demand and customers' needs, Stefanini Group announced it has acquired cybersecurity firm Safeway Consultancy.
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