Acquiring Company
LabX Media Group
Acquired Company
The Dark Intelligence Group
Description
LabX Media Group has acquired all information services assets of The Dark Intelligence Group, including The Dark Report and the Executive War College. This acquisition will enhance LabX's offerings in business intelligence for laboratory leaders. LabX CEO Bob Kafato expressed excitement about integrating TDIG's resources and expertise into their company. The transaction also marks the beginning of retirement for TDIG's founder, Robert L. Michel.
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