Acquiring Company
BlackFin Capital Partners S.A.S
Acquired Company
Lemanik Asset Management
Description
Blackfin Capital Partners has successfully acquired Lemanik Asset Management, approved by the Financial Sector Supervisory Commission. The acquisition will support Lemanik AM as an independent provider while considering further acquisitions. Eric May of Blackfin stated this aligns with the firm's strategy in asset management. Xavier Parain has been appointed as the new CEO of Lemanik AM following the acquisition.
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