Chatham Financial completes acquisition of Verumex (VmX), advancing CRE data management
Oct 02, 2024•about 1 year ago
Acquiring Company
Chatham Financial
Acquired Company
Verumex (VmX)
Description
Chatham Financial, a global leader in financial risk management technology and advisory, has announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry. The combined firm aims to enable CRE investors and asset managers to resolve common challenges associated with poor CRE data quality, improving day-to-day efficiency and increasing decision-making confidence for clients.
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