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Next Solutions Group Acquires Technologist Tom Cocuzza’S Wells Tech Advisors

Jan 17, 2023over 2 years ago

Acquiring Company

The Next Solutions Group

Acquired Company

Wells Tech Advisors

Cyber SecurityGovernmentConsulting

Description

The Next Solutions Group (NSG) announced the acquisition of Wells Tech Advisors to support marketing technology for businesses, including those in highly regulated industries such as healthcare.

Company Information

Company

The Next Solutions Group

About

The Next Solutions Group specializes in corporate reputation/issues management, technology solutions, business intelligence, and cybersecurity and is a member of The Next Practices Group (NPG). NSG’s senior team of professionals has a broad range of experience in business, government, and journalism. We have supported C-suite executives, top government officials, military, and non-profit leaders. We protect and advance our clients’ reputation while ensuring alignment with organizational objectives. We support and coach executives and leaders in preparation for engagement with key audiences, including investors, employees, regulators, and journalists. At a time when companies and their leaders are coming under relentless assault online, we monitor the clear, deep, and dark web to protect their safety and reputation. We represent multinational companies in sectors including healthcare, technology, consumer goods and financial services. Our senior leaders are engaged. We do the day-to-day work. We have engaged with companies that have been under investigations by various governmental agencies, including the Justice Department and the Federal Trade Commission. We have worked on class action lawsuits, executive issues/transitions, corporate layoffs, anti-corporate activism, and cyber/ransomware attacks. Our work has also included M&A, regulatory and product issues such as recalls.

FundzWatch™ Score

64
High M&A Activity

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