Stockal completes acquisition of Acru; Expands Cross-Border Investment Infrastructure to Indian and Overseas Markets
Sep 18, 2024•about 1 year ago
Acquiring Company
Stockal
Acquired Company
Acru
Description
Stockal, a leading B2B2C global investing platform, has strategically acquired Acru, a company specializing in infrastructure solutions that facilitate investments in Indian financial products for NRIs and PIOs. This acquisition completes Stockal’s cross-border investment ecosystem, empowering both Indian and global investors to seamlessly invest in each other’s markets. With this move, Stockal now provides a complete solution for cross-border investments, enabling Indian investors to access over 6,000 global securities and non-resident Indians (NRIs) and foreign investors to invest in India’s thriving markets.
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