15Five completes acquisition of Kona to enhance manager enablement for remote work
Jan 28, 2025•11 months ago
Acquiring Company
15Five
Acquired Company
Kona
Description
15Five, the performance management platform, has successfully acquired Kona, the AI-powered assistant and coach for remote managers. This acquisition enables 15Five to deploy manager enablement at scale and drive high-impact behaviors effortlessly within the existing flow of work, expanding its impact beyond the existing platform.
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