Acquiring Company
Saber Power Services
Acquired Company
inoLECT
Description
Saber Power Services has acquired inoLECT LLC, enhancing its presence in Louisiana. This acquisition allows Saber access to inoLECT’s proprietary technology, including a remote racking system. Financial terms of the deal were not disclosed. Saber Power aims to provide a comprehensive suite of solutions through this acquisition.
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