Kroll Acquires Appraisal & Valuation Consultants Ltd To Create Dedicated Energy Team Within The Fixed Asset Advisory Services Practice
Dec 06, 2022•over 2 years ago
Acquiring Company
Kroll
Acquired Company
Appraisal & Valuation Consultants LTD
Description
Kroll, the leading independent provider of global risk and financial advisory solutions, today announced the acquisition of Appraisal & Valuation Consultants LTD (AVC), an independent firm that specialises in the valuation of oil, gas, petrochemical, chemical, power, mining, metals processing and offshore facilities for insurance and other purposes.
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