Swan Bitcoin Acquires Self-Custody Business Specter Solutions

Sep 28, 2022•almost 3 years ago

Acquiring Company

Swan Bitcoin

Acquired Company

Self-Custody Business Specter Solutions

CalabasasPaymentsSoftware

Description

Launches Specter Labs division focusing on open source, privacy, and self-custody

Company Information

Company

Swan Bitcoin

Location

Calabasas, California, United States

About

Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring and instant buys. Swan produces high quality Bitcoin education and takes pride in excellent, accessible customer service. Swan’s Private Client Services division helps high net worth individuals and entities build generational wealth, around the world. Swan’s Advisor Services platform is the easiest and most secure way for financial advisors to provide their clients with direct exposure to actual bitcoin. For more information, visit swanbitcoin.com.

M&A Insights

Based on deal data

Integration 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