Amed Funds Announces The Completion Of Its Purchase Of Canada Fluorspar
Jun 12, 2023•about 2 years ago
Acquiring Company
AMED FUNDS
Acquired Company
CANADA FLUORSPAR
Description
AMED Funds ("AMED") and Clariti Strategic AdvisorsTM ("Clariti") are pleased to announce the completion of the purchase by a portfolio company of AMED Fund IV of Canada Fluorspar Inc., the parent company of the Canada Fluorspar mine in St. Lawrence, NL ("Canada Fluorspar"). The transaction closing follows many months of review, analysis and negotiations and discussions with several stakeholders, including the senior lenders to Canada Fluorspar, the DIP lenders, Grant Thornton (as court-appointed Monitor) and the Province of Newfoundland and Labrador (the "Province").
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