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Allegion acquires Waitwhile for access solutions growth

Jul 09, 20255 months ago

Acquiring Company

Allegion

Acquired Company

Waitwhile

DublinSan FranciscoWholesaleManufacturingConsultingEnterprise SoftwareSaasInformation TechnologySoftware

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.

Company Information

Company

Allegion

Location

Dublin, Dublin, Ireland

About

Allegion is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions.

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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