Equivity Acquires Rh Communications To Add Virtual Receptionist Services
Aug 01, 2023•almost 2 years ago
Acquiring Company
Equivity
Acquired Company
RH Communications
Description
Equivity, a leading provider of US-based virtual assistant services specializing in administrative, marketing, and paralegal support for businesses and entrepreneurs, is excited to announce its recent acquisition of RH Communications Inc., a renowned market leader in the virtual receptionist services industry. This strategic acquisition is a key milestone for Equivity, strengthening its commitment to providing outstanding customer experiences while expanding its range of services.
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