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Transystems Acquires Chicago-Based Omega

Feb 02, 2022•over 3 years ago

Acquiring Company

TranSystems

Acquired Company

OMEGA

Real EstateSoftware

Description

TranSystems Corp., a national transportation consulting firm that provides engineering, architectural, planning and construction solutions, acquires OMEGA & Associates, Inc., an industry-leading engineering firm providing consulting services throughout the greater Chicago area.

Company Information

Company

TranSystems

About

For more than 56 years, TranSystems has provided engineering and architectural planning, design and construction solutions to enhance the movement of goods and people across today’s integrated transportation infrastructure. Its professionals in more than 35 offices throughout the U.S. perform a broad range of services to all sectors of the transportation and federal marketplaces. Services are delivered throughout the asset life cycle, from concept through construction to long-term operations and maintenance. Learn more at www.transystems.com.

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