Acquiring Company
HOST
Acquired Company
Transmarine Navigation Corporation
Description
HOST has successfully acquired Transmarine, resulting in the formation of the largest tramp agency in the United States. This merger aims to combine resources and enhance service offerings in the shipping industry. Both companies are excited about the future and the potential growth opportunities.
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