Acl Digital Acquires Afour Technologies, A Next-Generation 360° Software Product Engineering Company To Expand And Scale Its Product Engineering & Digital Capabilities

Dec 01, 2022•over 2 years ago

Acquiring Company

ACL Digital

Acquired Company

AFour Technologies

Professional ServicesData And AnalyticsSoftwareOtherInformation TechnologyProduct DesignConsultingInformation TechnologySoftware

Description

ACL Digital, an ALTEN group company, is a design-led Digital Experience, Product Innovation, Solutions, Engineering Services & Digital Transformation leader. It has announced that it has acquired AFour Technologies, a Next-generation 360°-degree software product engineering firm. This acquisition of the AFour Technologies business strengthens ACL Digital's product engineering & Digital offerings and will enable it to accelerate the digital transformation journey for its customers.

Company Information

Company

ACL Digital

About

ACL Digital, an ALTEN group company, is a digital transformation, next-generation technology consulting and engineering services company. A pioneer in delivering Business Innovation, Integration and Transformation through disruptive technologies, ACL Digital brings in competitive advantage, innovation, and fresh perspectives to business challenges. The company provides comprehensive product engineering services from conceptualization to manufacturing to help customers build products and experiences to achieve sustainable digital transformation. With multicultural and transnational talent and as part of the ALTEN Group comprising over 42,000+ employees spread across more than 30 countries, it promotes a collaborative knowledge-building environment. For further information, visit ACL Digital or write to business@acldigital.com. SOURCE ACL Digital

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