Cass Information Systems Acquires AcuAudit Platform from Acuitive Solutions to Enhance Freight Audit & Payment Solutions
Jan 02, 2025•12 months ago
Acquiring Company
Cass Information Systems
Acquired Company
Acuitive Solutions
ChattanoogaSupply Chain ManagementLogisticsSoftwareDescription
Cass Information Systems, Inc., the leading global provider of freight audit & payment solutions, has acquired AcuAudit, the premiere freight audit platform for ocean and international air freight, from Acuitive Solutions LLC. This acquisition strengthens Cass's position by providing advanced audit and accounting automation capabilities, enabling a fast and accurate understanding of landed costs at the product level.
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