Raptor Technologies completes acquisition of SmartPass to expand its school safety solutions portfolio
Dec 10, 2024•8 months ago
Acquiring Company
Raptor Technologies
Acquired Company
SmartPass
Description
Raptor Technologies has announced the acquisition of SmartPass, a leading digital hall pass system. This strategic move expands Raptor's comprehensive safety solutions for K-12 schools, addressing every aspect of school safety from crisis prevention to efficient student movement management.
FundzWatch™ Score
70
High M&A Activity
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