Piper Sandler Completes Acquisition Of Dbo Partners, Bolstering Technology Investment Banking Platform
Oct 10, 2022•almost 3 years ago
Acquiring Company
Piper Sandler
Acquired Company
Piper Sandler
Description
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, announced today that it has completed the acquisition of DBO Partners, an independent technology investment banking firm in the San Francisco Bay Area.
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