Diversified Search Group Acquires Alta Associates, The Pioneer And Premier Executive Search Firm In Cybersecurity
Mar 03, 2022•over 3 years ago
Acquiring Company
Diversified Search Group
Acquired Company
Diversified Search Group
Professional ServicesMedia And EntertainmentProfessional ServicesMedia And Entertainment
Description
Diversified Search Group, the largest woman-led and woman-founded executive search firm in the U.S., announced today that it has acquired Alta Associates, the industry’s first and premier executive search firm specializing in cybersecurity, IT risk management, and data privacy. Joyce Brocaglia, the firm’s Founder and Chief Executive Officer, launched Alta Associates in 1986. Alta Associates helped define and elevate the role of the Chief Information Security Officer while building world-class cybersecurity and IT Risk teams for today’s leading corporations, professional services firms, and cybersecurity companies.
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