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Sym-Tech Dealer Services Completes Acquisition Of Ssq Dealer Services' Distribution Business From Beneva

Jan 06, 2023over 2 years ago

Acquiring Company

Sym-Tech Dealer Services

Acquired Company

SSQ Dealer Services

Description

Sym-Tech Dealer Services (Sym-Tech), a subsidiary of Amynta Group, has completed the previously announced acquisition of SSQ Dealer Services from Beneva Group (Beneva).

Company Information

Company

Sym-Tech Dealer Services

DealWatch™ Score

76
High M&A Activity

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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