Teleperformance strengthens specialized services with the acquisition of ZP Better Together
Nov 26, 2024•8 months ago
Acquiring Company
Teleperformance
Acquired Company
ZP Better Together
Description
Teleperformance (TP) has signed a definitive agreement to acquire ZP Better Together, a rapidly growing leader in linguistic solutions and technological platforms for the deaf and hard of hearing community in the United States. This strategic acquisition aims to integrate ZP into Teleperformance's specialized services division, enhancing the company's capabilities to serve a broader client base and further expanding LanguageLine Solutions' portfolio with innovative technological 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