Relation Insurance Services Acquires The Assets Of Dunn Insurance, Inc.
Jun 29, 2022•about 3 years ago
Acquiring Company
Relation Insurance
Acquired Company
Dunn Insurance
Description
Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of Connecticut-based Dunn Insurance, Inc. (“Dunn”). 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