Acquiring Company
Rockbridge Growth Equity
Acquired Company
Access Global Group
Description
Rockbridge Growth Equity has acquired a majority stake in Access Global Group, marking its first investment in the FormativGroup platform. This acquisition will enhance the delivery of technology consulting services to mid-sized companies. Access Global Group specializes in Salesforce-focused solutions for the financial services sector. CEO Vamsi Bollineni will continue to lead the company after the acquisition.
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