PDI Technologies acquires Nuspire to strengthen managed security services for convenience retail and adjacent industries
Jun 20, 2024•over 1 year ago
Acquiring Company
PDI Technologies
Acquired Company
Nuspire
Description
PDI Technologies, a global leader in delivering powerful solutions for the convenience retail and petroleum wholesale ecosystem, has announced its acquisition of Nuspire, a leading managed security services provider (MSSP). This acquisition will accelerate the delivery of innovative managed security services to convenience retail, QSR, automotive dealership, and adjacent industries, leveraging the expanded technology and expertise from Nuspire.
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