Acquiring Company
Tredence
Acquired Company
Further Advisory
Description
Tredence has acquired Further Advisory, enhancing its capabilities in financial services and consulting. This acquisition combines Tredence's AI-driven solutions with Further Advisory's industry expertise. The partnership aims to create advanced offerings for clients in banking, financial services, and insurance sectors. This strategic alignment will empower organizations to drive transformation and gain competitive advantages.
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