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Tension Corporation Announces Acquisition Of Intellus Direct'S Print Division Assets

Mar 17, 2022over 3 years ago

Acquiring Company

Tension Corporation

Acquired Company

Print Division Assets

ManufacturingHealth CareSoftware

Description

Tension Corporation has announced that it has acquired the print division assets of Intellus Direct. This acquisition expands Tension's presence in the high-end direct mail and print marketing space while consolidating its supply chain by vertically integrating the print and envelope converting operations that support Tension's direct mail and print marketing offerings.

Company Information

Company

Tension Corporation

About

A global leader in envelope products, packaging and packaging automation solutions, the Tension Corporation is a privately held and operated, international company based in Kansas City, Missouri. Tension manufactures billions of envelopes annually and their envelope division serves a variety of industries, including financial, insurance and direct marking, plus they work directly with third-party providers. The packaging and automation division of Tension provides software, consumables, automation and service, and support for fulfillment to the e-commerce and pharmaceutical industries.

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