Relm Insurance Limited acquires B&F Partners Limited to expand operations in MENA region
Jul 03, 2024•about 1 year ago
Acquiring Company
Relm Insurance Ltd
Acquired Company
B&F Partners Limited
Description
Relm Insurance Limited has expanded its presence in the MENA region by acquiring B&F Partners Limited, now known as Relm Insurance MENA Limited. This strategic move allows Relm Insurance to enhance its insurance solutions for companies in high-growth and emerging industries, reinforcing its commitment to serving innovative markets.
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