Acquiring Company
ZA Group
Acquired Company
E-Roots Systems
Description
ZA Group Inc (ZAAG) today announced the closing and acquisition of E-Roots Systems. ZAAG is excited to announced it has finally closed the acquisition of E-Roots System. E-Roots System is a sustainable food materials manufacturer that produces equipment and goods for growing food. Over the Last several weeks ZA Group, its CEO, lawyers, and E-Roots Management have been in negotiations regarding the acquisition. All parties came to terms and agreed whereas ZA Group will acquire 60% of E-Roots System.
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