EisnerAmper to combine with Edelstein & Company, LLP to enhance presence in New England
May 02, 2024•over 1 year ago
Acquiring Company
EisnerAmper
Acquired Company
Edelstein & Company
Description
EisnerAmper announces the partnership with Boston-based CPA firm Edelstein & Company, LLP. This combination is expected to strengthen EisnerAmper's presence in New England and provide expanded service offerings in various sectors including food and beverage, healthcare, financial services, nonprofit, real estate, and professional services.
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