Acquiring Company
3DX
Acquired Company
Homescape
Description
via NewMediaWire -- 3DX Industries Inc. (DDDX) (the “Company” or “3DX”), a manufacturing conglomerate, announced today it has completed the acquisition of Homescape LLC, a Connecticut based Limited Liability Company in a deal valued at $2,000,000.
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