Epiq Solutions Completes Acquisition Of Xiphos Systems To Drive Innovation In Space
Jan 12, 2023•over 2 years ago
Acquiring Company
Epiq Solutions
Acquired Company
Xiphos Systems Corporation
Description
Epiq Solutions (“Epiq”), a portfolio company of The Veritas Capital Vantage Fund, L.P. ("Vantage Fund"), and leading provider of software defined radio (“SDR”) and turnkey radio frequency (“RF”) solutions for governments and enterprises, today announced the completion of its acquisition of Xiphos Systems Corporation (“Xiphos”), a provider of high-performance, space-focused computing solutions. Financial terms were not disclosed.
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