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Trafera completes acquisition of Now Micro, to enhance technology solutions

PRIVATEOct 08, 2024•over 1 year ago

Acquiring Company

Trafera

Acquired Company

Now Micro

St. PaulMendota HeightsProfessional ServicesSoftwareConsulting

Description

Trafera, a leading provider of education technology solutions, has announced the acquisition of Now Micro. This strategic move is aimed at enhancing both companies' capabilities and providing customers with an expanded range of services and solutions. The acquisition will strengthen Trafera's commitment to innovative technology solutions and empower businesses with a wider range of services.

Company Information

Company

Trafera

Location

St. Paul, Minnesota, United States

About

Trafera is a leading provider of educational technology to K-12 schools and a top K-12 focused reseller of Google Chrome devices. Trafera offers a broad range of additional hardware and software solutions that support better outcomes through technology and also offers a robust set of services including deployment and warranty support. Based in St. Paul, Minnesota, the company also has operations in Arden Hills, Minnesota and Muskogee, Oklahoma supporting the needs of school districts nationwide.

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Strategic

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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

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