Acquiring Company
Englobe Corporation
Acquired Company
LRL Associates
Description
Englobe Corporation has acquired LRL Associates Ltd., enhancing its engineering offerings in Canada. The acquisition allows LRL's management team to become shareholders under Englobe's partnership model. This move strengthens Englobe's service capabilities in Canada's largest market. The financial terms of the transaction remain undisclosed.
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