Concord, An H.I.G. Capital Portfolio Company, Completes Acquisition Of Swiftwin
Feb 08, 2022•over 3 years ago
Acquiring Company
Concord
Acquired Company
SwiftWIN
Professional ServicesSoftwareInformation Technology
Description
H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with over $47 billion of equity capital under management, is pleased to announce that its portfolio company, Concord USA, LLC (“Concord”), has acquired SwiftWIN Solutions, LLC (“SwiftWIN”).
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