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J.P. Morgan Completes Acquisition Of Global Shares

Aug 11, 2022almost 3 years ago

Acquiring Company

J.P. Morgan Chase

Acquired Company

Tramo Group

New YorkChiassoLendingFinanceFinancial Services

Description

J.P. Morgan (NYSE: JPM) today completed its previously announced acquisition of Global Shares, a leading cloud-based provider of share plan management software.

Company Information

Company

J.P. Morgan Chase

Location

New York, New York, United States

About

J.P. Morgan Chase is a leading global financial services firm. It offers a wide range of financial products and services, including investment banking, asset management, and consumer banking. The firm serves millions of customers worldwide, focusing on providing superior financial solutions. J.P. Morgan is committed to innovation and sustainability in finance.

M&A Insights

Based on deal data
Integration 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

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