Reichmann Segal Capital Partners completes acquisition of Athletica Sport Systems Inc.
May 28, 2024•about 1 year ago
Acquiring Company
Reichmann Segal Capital Partners
Acquired Company
Athletica Sport Systems
TorontoWaterlooAngel InvestmentVenture CapitalFinanceFinancial ServicesSportsManufacturingDescription
Reichmann Segal Capital Partners, a Toronto-based private equity firm, has announced the acquisition of Athletica Sport Systems Inc., a world leader in dasher board manufacturing and sport infrastructure systems and services. The partnership with Athletica's Chief Executive Officer, Andrew McRae, aims to support the company's continued growth and development, ensuring a seamless transition for customers and employees.
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