RKD Group completes acquisition of Heller Consulting to enhance nonprofit technology solutions
May 01, 2024•over 1 year ago
Acquiring Company
RKD Group
Acquired Company
Heller Consulting
Description
RKD Group has announced the acquisition of Heller Consulting, a renowned provider of technology strategy and implementation for nonprofit organizations. This acquisition strengthens RKD Group's ability to offer comprehensive end-to-end technology and strategic solutions to nonprofit clients, addressing challenges in foundational technology, data practices, and strategic fundraising outcomes.
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