Acquiring Company
Nextracker
Acquired Company
Bentek Corporation
Description
Nextracker has acquired Bentek Corporation to add eBOS products to its portfolio. This acquisition aims to enhance the integration of eBOS with Nextracker's solar tracker systems. The collaboration is expected to improve system commissioning and energy yield. With this acquisition, Nextracker continues to expand its offerings in the solar power sector.
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