Acquiring Company
Morae
Acquired Company
Gimmal
Description
Morae Global Corporation has acquired Gimmal, boosting its technology-based solutions for law firms and legal departments. This acquisition is expected to strengthen Morae's position in the legal technology market by integrating Gimmal's software with Morae's offerings. Both companies aim to provide comprehensive solutions for managing the information lifecycle effectively. This marks Morae's sixth acquisition since 2019.
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