Trawick International Acquires Controlling Stake in UK-based Greenlight Insurance
Feb 14, 2024•over 1 year ago
Acquiring Company
Trawick International Ltd
Acquired Company
Greenlight Insurance Services Limited
Description
Trawick International Ltd., a London-based subsidiary of Trawick Holdings, LLC, has acquired a controlling stake in Greenlight Insurance Services Limited, a specialist vehicle insurance provider based in the UK. This acquisition aligns with Trawick's strategy of growth and diversification, further diversifying its portfolio and strengthening its position in the UK market.
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