Acquiring Company
ResourceWise
Acquired Company
Chemical Intelligence
Description
ResourceWise, a provider of commodity price data, analytics and strategic consulting to forest products, renewable fuels and feedstocks, and chemical industries, has acquired Texas-based Chemical Intelligence. Chemical Intelligence is a provider of data, insights, and strategic consulting to the chemical industry, focusing specifically on glycols and derivatives, solvents, antifreeze, and methanol.
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