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Skyview Capital Acquires Faneuil, Llc Through Its Portfolio Company Continuum Global Solutions

Sep 12, 2023•almost 2 years ago

Acquiring Company

Skyview Capital

Acquired Company

Faneuil

Venture CapitalHardware

Description

Skyview Capital, a global private investment firm, announced that it has acquired Faneuil, LLC, a leading business process outsourcing ("BPO") company specializing in customer experience and technical support services for Public Utilities, Government and Healthcare clients, through its portfolio company Continuum Global Solutions. Terms were not disclosed.

Company Information

Company

Skyview Capital

About

Skyview Capital is a global private investment firm which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. For more information, please visit www.skyviewcapital.com.

M&A Insights

Based on deal data
Integration 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