Acquiring Company
Allegion
Acquired Company
Waitwhile
Description
Allegion plc has completed the acquisition of Waitwhile Inc. to enhance its access solutions portfolio. This acquisition aims to improve Allegion's software capabilities in appointment scheduling and queue management. Waitwhile's cloud-based solutions will support Allegion's growth strategy in non-residential markets. The financial details of the transaction remain undisclosed.
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