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Cloud for Good acquires StackNexus for public sector growth

PRIVATEJul 30, 202610 days ago

Acquiring Company

Cloud for Good

Acquired Company

StackNexus

AshevilleConsultingInformation TechnologyConsultingGovernment

Description

Cloud for Good has announced the acquisition of StackNexus to enhance its capabilities in serving state and local government clients. This strategic move aims to modernize public sector services and improve community engagement through Salesforce solutions. The combined strengths of both companies are expected to lead to greater innovation and service delivery in the government space.

Company Information

Company

Cloud for Good

Location

Asheville, North Carolina, United States

About

Cloud for Good is a certified B Corporation and a leading global cloud consultancy, empowering mission-driven organizations with transformative Salesforce solutions. Since our founding in 2010, we've worked with the largest nonprofit and higher education institutions in North America. With our services, our clients raise more funds, recruit more students, reduce attrition, improve program delivery, and communicate more effectively with their constituents.

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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
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