Tetra Tech Acquires Amyx, Inc. To Expand Enterprise Technology And Cybersecurity Services
Jan 05, 2023•over 2 years ago
Acquired Company
Amyx
Description
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has acquired Amyx, Inc., a premier enterprise technology services, cybersecurity, and management consulting firm based in Reston, Virginia.
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