Acquiring Company
SCT Group
Acquired Company
CRE Solutions Logistics
Description
SCT Group has successfully acquired CRE Solutions Logistics, enhancing its logistics capabilities in Tasmania. This acquisition is expected to improve service delivery and operational efficiencies. Both companies are committed to maintaining high standards in logistics solutions.
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