DataStrike completes acquisition of MiCORE, forming the largest data infrastructure MSP for SMBs
Jun 12, 2024•over 1 year ago
Acquiring Company
DataStrike
Acquired Company
DataStrike
Description
DataStrike, a leader in data infrastructure services, has completed the acquisition of database and cloud management pioneer MiCORE. This acquisition forms the largest managed service provider (MSP) specializing in data infrastructure services for small- and mid-sized businesses (SMBs) and appoints a new management team with deep roots in the data infrastructure space, reinforcing DataStrike's position and expanding its range of solutions to meet the evolving needs of its clients.
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