Acquiring Company
ServicePower
Acquired Company
Plus One Solutions
Description
ServicePower has acquired PlusOne Solutions to enhance its field service management capabilities. This acquisition aims to provide better compliance solutions for over 79,000 home service providers. The integration will optimize operations and improve service delivery. ServicePower continues to focus on innovation and customer satisfaction.
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