Alpine Intel completes acquisition of TechLoss Consulting & Restoration to enhance commercial services
Nov 19, 2024•8 months ago
Acquiring Company
Alpine Intel
Acquired Company
TechLoss Consulting & Restoration
Description
Alpine Intel, a leading insurance solutions provider, has announced the acquisition of TechLoss Consulting & Restoration. This strategic move strengthens Alpine's suite of services by adding highly anticipated capabilities in commercial electronic loss mitigation, technical property damage assessments, and consultations.
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