AMCS completes acquisition of Qv21 Technologies, enhancing transportation management capabilities
Sep 04, 2024•over 1 year ago
Acquiring Company
AMCS
Acquired Company
Qv21 Technologies
Description
AMCS, a global leader of sustainability software for foundational industries, has announced the acquisition of Qv21 Technologies, a leading provider of fleet management and logistics SaaS solutions for short-haul, bulk commodity transportation. This acquisition empowers AMCS to expand its capabilities, benefiting customers of both organizations and supporting their pursuit of operational excellence and sustainability goals.
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