HRMS Solutions and ATS Management Consulting Merge to Form Ascend, Inc., One of the Largest UKG Service Partners
Jun 11, 2024•over 1 year ago
Acquiring Company
Ascend
Acquired Company
HRMS Solutions and ATS Management Consulting
Description
HRMS Solutions and ATS Management Consulting have strategically merged, forming Ascend, Inc. This merger brings together a large pool of talent, expertise, and project management resources to provide outstanding service to UKG prospects and customers, establishing Ascend as a dominant force in the UKG partner ecosystem.
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