Vrc Acquires 2-20 Records Management, Strengthening Leadership In Information Management Market
Oct 04, 2022•almost 3 years ago
Acquiring Company
Vital Records Control
Acquired Company
Vital Records Control
Description
Vital Records Control (VRC Companies, LLC), a leading provider of information management services, announced its acquisition of 2-20 Records Management. The 2-20 addition enhances VRC's national footprint in records management, adding several key markets and increasing its presence in existing markets, and reflects VRC's continued commitment to delivering customers a full suite of high-quality solutions with exceptional service.
FundzWatch™ Score
87
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