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Opta Group Acquires Anker Industries

Dec 21, 2023almost 2 years ago

Acquiring Company

Opta Group

Acquired Company

Anker Industries

East AmherstWilkins TownshipBuilding MaterialPrecious MetalsMiningIndustrialManufacturing

Description

Opta Group, a portfolio company of Speyside Equity Advisers ("Speyside"), is excited to announce its acquisition of Anker Industries LLC ("Anker") effective December 20, 2023.

Company Information

Company

Opta Group

Location

East Amherst, New York, United States

About

Opta Group is the pre-eminent international supplier of specialty chemicals and engineered performance materials for application in steel, aluminum, copper, glass, cement, and chemical industries.

M&A Insights

Based on deal data
Integration 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