24 Seven Completes Acquisition And Successful Rebranding Of Antenna And Creatis, Expanding Footprint In Minnesota And Beyond
Jul 11, 2023•about 2 years ago
Acquiring Company
24 Seven
Acquired Company
Antenna
Description
24 Seven, a leader in the marketing, creative, and digital staffing space, today announced the successful transition of Antenna and Creatis, two Minnesota based marketing and creative staffing firms acquired in 2021, to the 24 Seven brand.
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