Acquiring Company
SAExploration Holdings
Acquired Company
Terrex Seismic
Description
SAExploration Holdings, Inc. has finalized the acquisition of Terrex Seismic, Australia's premier seismic contractor. This acquisition reestablishes SAE's presence in the Australian market and enhances Terrex's capabilities with global support. Both companies share a mutual commitment to innovation and safety in seismic exploration. Terrex will retain its name and continue delivering trusted services to its clients.
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