Synmax Announces Acquisition Of Gas Vista, Solidifying Its Position In Energy And Maritime Intelligence
Sep 14, 2023•almost 2 years ago
Acquiring Company
SynMax
Acquired Company
Gas Vista
Description
SynMax, a pioneering geospatial intelligence company, announced the successful acquisition of Gas Vista, a premier maritime energy trade flow analytics & visualization company renowned for its innovative LNG product, Leviaton. This strategic acquisition stems from Gas Vista's advanced technological capabilities, deep industry knowledge, and impressive network. Their core competencies perfectly align with SynMax’s foundational energy and maritime products.
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