Relation Insurance Services Acquires Kamm Insurance Group, Inc., Creates New Business Unit
Feb 24, 2022•over 3 years ago
Acquiring Company
Relation Insurance Services
Acquired Company
Kamm Insurance Group
Description
Relation Insurance Services (“Relation”) announced today it acquired the assets of Kamm Insurance Group, Inc. (“Kamm”). The transaction went into effect on December 31, 2021 and 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