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Aktion Associates Acquires Acumatica and Legacy Sage Practice From MNP to expand its footprint in Canada

May 01, 2024•over 1 year ago

Acquiring Company

Aktion Associates

Acquired Company

MNP

MaumeeCalgaryConsultingInformation TechnologyAccountingConsulting

Description

Aktion Associates, Inc., a national software reseller and IT infrastructure provider focused on specific industries, has announced the acquisition of the Acumatica and legacy Sage practices from MNP, a leading Canadian professional services firm. This strategic move transitions 500 Acumatica and Sage customers and MNP team members into Aktion's portfolio, allowing Aktion to establish a strong presence in the Canadian market and expand its service offerings.

Company Information

Company

Aktion Associates

Location

Maumee, Ohio, United States

About

Aktion Associates, Inc. is a national software reseller and IT infrastructure provider focused on the Architectural Engineering & Construction, Distribution, and Manufacturing industries. They deliver industry-specific application solutions and market-leading business process transformation skills, coupled with cloud and managed services. Aktion has established a wholly owned Canadian entity, Aktion Associates ULC, to ensure a smooth transition and continuous service excellence in Canada.

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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