White Cup completes acquisition of Sales Management Plus, Strengthening Its Commitment to Distribution Industry
Jun 13, 2024•over 1 year ago
Acquiring Company
White Cup
Acquired Company
Sales Management Plus (SMP)
Description
White Cup, a recognized leader in Customer Relationship Management (CRM), Business Intelligence (BI), and Pricing solutions tailored for the distribution industry, has announced the acquisition of Sales Management Plus (SMP). This acquisition reinforces White Cup’s commitment to delivering unparalleled value and support to distributors, with the collective resources now focused on growth and innovation within the distribution sector.
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