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Board acquires Prevedere to integrate predictive planning capabilities

Nov 13, 2024about 1 year ago

Acquiring Company

Board

Acquired Company

Prevedere

SwedenSanta ClaraInformation TechnologyEnterprise SoftwareAnalyticsBig Data

Description

Board, the leading Enterprise Planning Platform, has strategically acquired Prevedere, a pioneer in predictive planning. This acquisition uniquely positions Board as the only platform to integrate internal performance metrics with external economic intelligence, empowering businesses to make data-backed strategies for sustainable growth and competitive advantage.

Company Information

Company

Board

Location

Sweden

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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