Bcuc Completes Its Inquiry Into The Acquisition Of Renewable Natural Gas
Jun 13, 2023•about 2 years ago
Acquiring Company
the BCUC
Acquired Company
Gas
Government
Description
Today, the British Columbia Utilities Commission (BCUC) released its Final Report for Phase 2 of its Inquiry into the Acquisition of Renewable Natural Gas by Public Utilities in BC (RNG Inquiry).
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