Acquiring Company
Schneider Geospatial
Acquired Company
Full Circle Technologies
Description
Schneider Geospatial has acquired Full Circle Technologies, enhancing its digital permitting solutions. The acquisition aims to better serve state and local governments by integrating FCT's software into Schneider's offerings. FCT's existing clients can expect continued high-touch support backed by Schneider's expanded resources. This marks the fifth add-on acquisition for Schneider since June 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