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HRMS Solutions and ATS Management Consulting Merge to Form Ascend, Inc., One of the Largest UKG Service Partners

Jun 11, 2024over 1 year ago

Acquiring Company

Ascend

Acquired Company

HRMS Solutions and ATS Management Consulting

New York

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.

Company Information

Company

Ascend

Location

New York, United States

About

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M&A Insights

Based on deal data
Integration 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