Arthur J. Gallagher & Co. Acquires Innovu Group Holding Company Limited
Jun 24, 2022•over 3 years ago
Acquiring Company
Arthur J Gallagher
Acquired Company
INNOVU Group Holding Limited
Description
Arthur J. Gallagher & Co. today announced the acquisition of Wexford, Ireland-based INNOVU Group Holding Company Limited ("INNOVU Insurance"). Terms of the transaction were not disclosed.
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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
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