Acquiring Company
Morrow Sodali
Acquired Company
Morrow Sodali
Description
Morrow Sodali, the global stakeholder engagement and ESG consulting firm, today announced the acquisition of HXE Partners. HXE Partners, an ESG strategy and implementation advisory firm, joins Morrow Sodali’s ESG practice and will work closely with Morrow Sodali subsidiary FrameworkESG, a specialty advisory firm that provides data-driven analysis and expertise to help clients reduce ESG risk, build trust and create long-term value for stakeholders. Terms of the deal 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