Archer Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Feb 20, 2024•almost 2 years ago
Acquiring Company
Archer
Acquired Company
Compliance.ai
Description
Archer, an enterprise leader in providing a fully integrated risk management solution, has announced its acquisition of Compliance.ai, a leading provider of artificial intelligence (AI)-driven regulatory change management solutions. This acquisition will enable Archer clients to supplement their compliance initiatives with cutting-edge AI technology to automate monitoring, tracking, reporting, and responding to continually changing regulations in real time.
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