Acquiring Company
Josh Harris
Acquired Company
Commanders
Description
A partnership led by Josh Harris announced the closing of their acquisition of the Washington Commanders on Friday, July 21st. The Harris group’s ownership was approved by the NFL at a league meeting on Thursday, July 20th. Please see below for a statement from Josh Harris on the closing on behalf of the ownership group.
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