Williams Lea To Acquire Uk-Based Intelligent Office, Strengthening Business Service Offerings To The Global Legal Market
Sep 13, 2022•about 3 years ago
Acquiring Company
Williams Lea
Acquired Company
Intelligent Office
Description
Global skilled business support services firm Williams Lea announced that it has entered into an agreement to acquire UK-based outsourced support solutions provider Intelligent Office. The deal is expected to complete on October 1, 2022.
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