Acquiring Company
Endava
Acquired Company
GalaxE Group
Description
Endava, a leading technology services company, has successfully closed its acquisition of GalaxE Group, Inc., a global IT and business solutions provider. This acquisition reinforces Endava's commitment to providing world-class technological solutions and industry expertise to its clients globally.
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