Tegus Acquires Canalyst To Create The New Industry Standard For Investment Research
Aug 02, 2022•about 3 years ago
Acquiring Company
Tegus, Inc.
Acquired Company
Canalyst
Description
Tegus, the leading research platform for investors, today announced that it has acquired Canalyst, creating a new industry standard for modern research.
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