Acquiring Company
Interactive Investor
Acquired Company
Jarvis Securities
ManchesterKentFinanceFinancial ServicesFintechFinanceDescription
Jarvis Securities plc has completed the sale of its retail execution-only brokerage business to Interactive Investor Services Limited for up to £11 million. This includes an initial payment of £9 million and a deferred payment of £2 million. Following this transaction, Jarvis will wind down its remaining operations and become an AIM Rule 15 Cash Shell.
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