Acquiring Company
Levine Leichtman Capital Partners
Acquired Company
AGDATA
Description
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has acquired AGDATA (the “Company”), a leading provider of mission-critical workflow and data solutions within the agribusiness and animal health sectors, from Vista Equity Partners. Financial terms of the transaction were not disclosed.
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