Aquarian Closes Acquisition Of Pavonia Life Insurance Company Of New York
Jan 04, 2022•over 3 years ago
Acquiring Company
Aquarian Holdings
Acquired Company
Pavonia Life Insurance
Real EstateFinancial ServicesInsurance
Description
Aquarian Holdings (“Aquarian”) today announced that it has closed its acquisition of Pavonia Life Insurance Company of New York (“Pavonia”).
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