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Datamatics acquires Dextara Digital to expand its Salesforce expertise

Apr 16, 2024•over 1 year ago

Acquiring Company

Datamatics

Acquired Company

Dextara Digital

TorontoCrmInformation Technology

Description

Datamatics, a leading global Digital Technologies, Operations, and Experiences company, has successfully acquired Dextara Digital, a premier provider of Salesforce services. This strategic acquisition will enable Datamatics to expand its capabilities in the Salesforce ecosystem and tap into the growing Salesforce market while strengthening its position as a leading Digital Technologies provider.

Company Information

Company

Datamatics

Location

Toronto, Ontario, Canada

About

Datamatics is a leading global Digital Technologies, Operations, and Experiences company, with a portfolio spanning across three pillars including Digital Technologies, Digital Operations, and Digital Experiences. The company caters to a diverse global clientele across various industries and has a significant presence across four continents with delivery centers in the USA, India, and the Philippines.

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