Acquiring Company
Intouch Insight Ltd
Acquired Company
ClearPoint Solutions US
KanataHardwareRetailFashionDescription
Intouch Insight Ltd. has successfully closed the acquisition of ClearPoint Solutions US, LLC. The acquisition, valued at approximately US$250,000, will enhance Intouch's customer experience offerings. Sam Hersey, former CEO of ClearPoint, will join Intouch to drive revenue growth. This acquisition reflects Intouch's commitment to expanding its service portfolio.
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