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Urbint completes acquisition of WRM Software to enhance utility risk offering for storm response

Jun 19, 2024over 1 year ago

Acquiring Company

Urbint

Acquired Company

WRM Software

Miami BeachFairfieldSoftwareInformation TechnologySoftware

Description

MIAMI-based Urbint, the leading AI platform for identifying and stopping threats to workers and critical infrastructure, has acquired WRM Software, a top utility incident management and storm response company. This acquisition expands Urbint's platform to include storm response, further cementing the company's position as the premier provider of operational risk mitigation solutions to the energy and critical infrastructure sectors.

Company Information

Company

Urbint

Location

Miami Beach, Florida, United States

About

We reduce risk across infrastructure categories, so you can deliver service safely, reliably, and affordably. Our company, platform, and solutions have received prestigious distinctions from leading publications and advisory companies.

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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