Acquiring Company
CTI
Acquired Company
Candeo Vision
Description
CTI has successfully acquired Candeo Vision, marking its entry into the UK market. This acquisition highlights CTI's continued growth and commitment to expanding its audiovisual services. John Laughlin, CEO of CTI, praised Candeo Vision's reputation and team. This acquisition is part of CTI's proactive strategy of growth through acquisitions.
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