Acquiring Company
ELMO Group
Acquired Company
Rotageek
Description
ELMO Group has successfully acquired Rotageek, a leading workforce management platform. This acquisition aims to strengthen ELMO's presence in the UK market and enhance its HR software offerings. With this merger, the combined companies will provide comprehensive solutions, streamlining HR operations for thousands of clients. ELMO's CEO expressed enthusiasm about the partnership and its potential to revolutionize workforce management.
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