Mythics acquires SpearMC to boost Oracle services

May 06, 2025•2 months ago

Acquiring Company

Mythics

Acquired Company

SpearMC

Virginia Beach

PleasantonInformation TechnologySoftwareConsulting

Description

Mythics, LLC has acquired SpearMC to enhance its Oracle consulting and services portfolio. This strategic acquisition aims to leverage combined talent and resources to strengthen market leadership. Mythics plans to utilize SpearMC's expertise to accelerate growth, particularly in the Public Sector and other key markets. The merger signals a commitment to innovation and superior service delivery for Oracle cloud technology.

Company Information

Company

Mythics

Location

Virginia Beach, Virginia, United States

About

Mythics is an award-winning Oracle systems integrator, consulting firm, managed services provider and member of the Oracle PartnerNetwork representing Oracle product lines across cloud, software, support, hardware, engineered systems and appliances. Mythics delivers technology solutions serving the Federal Government, State and Local Governments, Commercial, Higher Education, Utilities and Healthcare sectors and is a trusted partner to organizations worldwide.

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

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Mythics acquires SpearMC to boost Oracle services

Description

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M&A Insights

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Company Information