Acquiring Company
Sojourner Consumer Partners
Acquired Company
Lornamead
Description
Sojourner Consumer Partners has announced the acquisition of certain assets of Lornamead North America from Lornamead, Inc. and Lornamead Group Limited. This acquisition positions Lornamead as an independent entity aimed at growth and revitalization. The transaction's terms were not disclosed, but it signifies an important strategic move for both companies.
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