Dunes Point Capital, Lp Announces Nextgen Security Llc'S Acquisition Of Cerk Security
Jul 19, 2023•almost 2 years ago
Acquiring Company
Dunes Point Capital, LP
Acquired Company
CERK
Description
NextGen Security, LLC ("NextGen"), a portfolio company of Dunes Point Capital, LP ("DPC") has acquired CERK Security ("CERK"). Located in La Porte, Texas, CERK is an electronic security integration company that provides technology solutions such as access control and video surveillance to commercial, healthcare, public, and other markets.
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