Acquiring Company
DeWinter Group
Acquired Company
Syrinx Consulting
Description
DeWinter Group (“DeWinter”), a Silicon Valley-based provider of finance & accounting and technology staffing and recruitment, has acquired Syrinx Consulting (“Syrinx” or the “Company”), a greater Boston-based provider of high-end software development and technology staffing solutions. The acquisition of Syrinx adds significant scale to DeWinter’s fast-growing technology line of business, Maris Consulting Group, and expands its skillset offering to its clients.
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