Raven Engineered Films Announces Acquisition By Industrial Opportunity Partners
Apr 29, 2022•about 3 years ago
Acquiring Company
Industrial Opportunity Partners
Acquired Company
Raven Engineered Films
Financial ServicesManufacturingMedia And Entertainment
Description
Today, Sioux Falls-based Raven Engineered Films announced that Industrial Opportunity Partners (“IOP”) has acquired the business from CNH Industrial N.V. (NYSE: CNHI / MI: CNHI). IOP is an operations-focused private equity firm based in Evanston, Illinois.
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