Accesso® Acquires Ski Technology Provider Paradocs

Apr 24, 2023•over 2 years ago

Acquiring Company

accesso Technology Group

Acquired Company

Paradocs Mountain Software

BerkshireInformation TechnologyHospitalityInformation TechnologySoftware

Description

accesso Technology Group (AIM: ACSO), the premier technology solutions provider for attractions and venues worldwide, today announced its acquisition of Paradocs Mountain Software ("Paradocs") – a leading Canadian-based provider of cutting-edge software solutions specifically for the ski industry. Paradocs' all-in-one mountain management solution – MtnOS – is now accesso Paradox, adding to accesso's globally renowned portfolio of technology.

Company Information

Company

accesso Technology Group

Location

Berkshire, England, United Kingdom

About

accesso Technology Group is the premier technology solutions provider for attractions, leisure, entertainment, and cultural markets worldwide. They deliver innovative technology solutions that redefine the guest experience, drive increased revenue, and streamline operations. With a focus on research and development, accesso empowers over 1,200 venues globally to enhance guest engagement through advanced ticketing and experience management technology. The company is publicly listed on AIM, connecting them with the broader investment community.

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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