Acquiring Company
Akima
Acquired Company
Pinnacle Solutions
Government
Description
Akima, LLC, a premier provider of products and services to federal agencies, today announced that it has entered into a definitive agreement to acquire Pinnacle Solutions, Inc. (Pinnacle), a leading provider of innovative training and sustainment products and services to defense customers around the globe.
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