Acquiring Company
BTS Group AB
Acquired Company
Sounding Board
Description
BTS Group AB has agreed to acquire Sounding Board, enhancing its coaching services with advanced technology and a robust network of coaches. The acquisition aims to create a differentiated offering in the growing coaching market. Sounding Board’s innovative platform and expertise will integrate with BTS's global reach. This strategic move is expected to positively impact both companies' earnings and margins.
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