Atlantic Street Capital Acquires Assets Of Cyberguard Compliance To Accelerate Growth
Jul 19, 2022•about 3 years ago
Acquiring Company
Atlantic Street Capital
Acquired Company
CyberGuard Compliance
Description
Atlantic Street Capital ("Atlantic Street" or "ASC"), a private equity firm that invests in lower middle market companies poised for the next level of growth, today announced the acquisition of assets from CyberGuard Compliance, LLP, a licensed CPA firm with exclusive specialization in IT compliance and cybersecurity audit and assessment services, and the acquisition of Elite Consulting Solutions LLC, a provider of IT compliance and cybersecurity consulting and remediation services, collectively known as "CyberGuard."
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