Acquiring Company
Truesec
Acquired Company
Banshie
Description
Truesec has acquired Banshie, enhancing its cybersecurity offerings with Banshie's expertise in penetration testing and ethical hacking. This acquisition aims to strengthen proactive cybersecurity services for clients. Banshie's integration into Truesec promises faster response times and improved security measures. This strategic move is essential as cyber threats grow increasingly complex.
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