irth Solutions LLC to acquire OneSoft Solutions Inc. for bolstering critical infrastructure management
Oct 24, 2024•about 1 year ago
Acquiring Company
Irth Solutions
Acquired Company
OneSoft Solutions
Description
OneSoft Solutions Inc. shareholders have approved the acquisition by irth Solutions LLC pursuant to the arrangement agreement. This acquisition is geared towards enhancing critical infrastructure management through the integration of OneSoft's innovative pipeline management solutions with irth Solutions' field service and GIS technologies.
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