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Resolute Holdings completes acquisition of majority interest in CompoSecure

Sep 18, 2024•10 months ago

Acquiring Company

Resolute Holdings I

Acquired Company

CompoSecure

New YorkNew Jersey

Description

Resolute Holdings I, LP and its affiliated vehicles have completed the acquisition of a majority interest in CompoSecure, Inc. As part of the acquisition, there have been significant board changes, and David Cote, the former CEO of Honeywell, has been appointed as the executive chairman of the board of directors of CompoSecure.

Company Information

Company

Resolute Holdings I

Location

New York, New York, United States

About

Resolute Holdings I, LP is an investment firm under the leadership of David Cote and Tom Knott. It has completed the acquisition of a majority interest in CompoSecure, Inc. It focuses on enhancing the Company’s organic growth and operational efficiency while evaluating ways to further diversify its customer base and business mix through M&A.

M&A Insights

Based on deal data
Integration 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