Acquiring Company
KPIT Technologies
Acquired Company
Caresoft
Description
KPIT Technologies has announced its 100% acquisition of Caresoft's Global Engineering Solutions. This acquisition aims to enhance KPIT's capabilities in the automotive sector, focusing on Off-highway, Truck, and Bus segments. Caresoft Global will restructure its business to create benchmarking and engineering solutions. The partnership is set to bring significant synergies aligned with KPIT's strategic goals.
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