Acquiring Company
Recur Software
Acquired Company
Innova Zones
ChicagoIrvingSoftwareInformation TechnologyDescription
Recur Software has announced the acquisition of Innova Zones, a provider of compliance management software for food processing plants. This acquisition signifies Recur's expansion into the food processing software sector. Innova Zones supports over 170 facilities in the U.S., delivering solutions that enhance operational performance. Recur plans to invest in Innova Zones to ensure its leadership in food processing software.
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