Acquiring Company
J.S. Held
Acquired Company
MorrisAnderson
Description
J.S. Held has acquired Chicago-based MorrisAnderson, enhancing its capabilities in turnaround and restructuring services. This acquisition allows J.S. Held to leverage MorrisAnderson's profound expertise in distressed situations. Together, they aim to provide a broader range of services to a diverse client base. The combined team will bolster J.S. Held's global consulting reach.
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