Acquiring Company
MiddleGround Capital
Acquired Company
Zoerkler
Description
MiddleGround Capital has completed the acquisition of Zoerkler GmbH & Co KG, enhancing its portfolio as it integrates the company into Xtrac. Zoerkler specializes in high-performance transmission components across multiple industries. This acquisition aims to leverage Zoerkler's capabilities to expand Xtrac's offerings and market presence in Europe. With this move, MiddleGround underscores its commitment to aligning with leading engineering firms.
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