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Tegus Acquires Bamsec To Deliver Financial Filings And Earnings Calls Through Its Business Intelligence Platform

Oct 26, 2021•over 3 years ago

Acquiring Company

Tegus, Inc.

Acquired Company

BamSEC

ChicagoInformation Technology

Description

Tegus, the leading provider of primary business and market intelligence, today announced it has signed a definitive agreement to acquire BamSEC, a platform that makes it easy to access and work with SEC filings and earnings transcripts.

Company Information

Company

Tegus, Inc.

Location

1 BLUXOME STREET, UNIT 411

Chicago, Illinois, United States

About

Tegus is the leading provider of primary business and market intelligence for key decision makers. Tegus conducts research and collects data to provide the largest and most comprehensive primary information platform available, enabling clients to discover answers to their most challenging questions faster and more efficiently than anywhere else. The company serves more than 1,000 customers worldwide, including investment firms, corporations, and consultancies.

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

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