Manulife Investment Management completes acquisition of CQS to accelerate growth in global wealth and asset management
Apr 03, 2024•over 1 year ago
Acquiring Company
Manulife Investment Management
Acquired Company
CQS
Description
Manulife Investment Management has successfully closed the acquisition of multi-sector alternative credit manager CQS. This strategic acquisition accelerates the growth of Manulife Investment Management as a leading global wealth and asset manager, providing income solutions across the credit spectrum to retail, institutional, and retirement investors.
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