Next Solutions Group Acquires Technologist Tom Cocuzza’S Wells Tech Advisors
Jan 17, 2023•over 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.
FundzWatch™ Score
64
High M&A Activity
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