Centroid Systems, LLC completes acquisition of INTELLETIVE to enhance its technology solutions portfolio

Mar 07, 2024•over 1 year ago

Acquiring Company

Centroid Systems

Acquired Company

INTELLETIVE

Troy

BurnsvilleCloud InfrastructureCloud ComputingConsultingArtificial IntelligenceInformation TechnologySoftware

Description

Centroid Systems, LLC, a leading provider of managed cloud services and enterprise workload consulting services, has announced the strategic acquisition of INTELLETIVE. This acquisition further expands Centroid's technology portfolio and strengthens its position in the marketplace, providing an unparalleled range of comprehensive technology solutions for its clients.

Company Information

Company

Centroid Systems

Location

Troy, Michigan, United States

About

For over 25 years, Centroid has provided comprehensive transformation services that span the entire enterprise. These services include digital transformation, consulting, and managed services across various cloud platforms that have helped our clients modernize, transform, and grow their businesses to the next level. As an Oracle CSP/MSP and Oracle's North American Partner of the Year for Engineered Systems, Oracle Technology, and Infrastructure-as-a-Service over the last 5+ years, our team has the expertise and commitment to ensure successful transformation journeys for our customers.

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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