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Vrc Investigations Acquires Woodall & Broome And Prime Source Investigations

Jan 05, 2022•over 3 years ago

Acquiring Company

VRC Investigations

Acquired Company

Woodall & Broome

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Description

VRC Investigations has acquired two top insurance defense investigations firms, Woodall and Broome and Prime Source Investigations, continuing the company's drive to become the leading insurance investigations and anti-fraud firm in the U.S.

Company Information

Company

VRC Investigations

About

VRC Investigations is a leading provider of investigative and insurance fraud solutions with hundreds of local, directly employed, licensed investigators nationwide. VRC Investigations helps clients save time, streamline operations, and minimize risk through their unique offering of investigative services and customized anti-fraud strategies. VRC uncovers the facts that bring certainty to claims decisions. Learn more at https://vrcinvestigations.com SOURCE VRC Investigations

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