The Planet Group Announces Agreement To Acquire Launch Consulting

Jun 16, 2022•about 3 years ago

Acquiring Company

The Planet Group

Acquired Company

Launch Consulting

BellevueProfessional ServicesMedia And EntertainmentInformation TechnologySoftwareHardware

Description

Acquisition Allows for Further Expansion of Planet’s Technology Portfolio with Enhanced Consulting and Advisory Services

Company Information

Company

The Planet Group

About

The Planet Group consists of a group of related global consulting organizations and renowned staffing brands and has been purposefully built to address the professional services needs of leading companies in the Technology, Diversified Energy & Engineering, Infrastructure, Accounting & Finance, Human Resources, Healthcare and Digital Marketing areas. The company was founded in 2009 and is headquartered in Chicago, Illinois with offices throughout the US and Europe. Learn more at theplanetgroup.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