Acquiring Company
Winder Insurance Center
Acquired Company
Clarke & Sampson
Description
Highstreet Insurance Partners ("Highstreet") announced today that it has acquired Alexandria, Virginia-based Clarke & Sampson Insurance ("C&S").
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