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Responsive acquires Bidhive to enhance APAC ties

May 15, 2025•7 months ago

Acquiring Company

Responsive

Acquired Company

Bidhive

BeavertonFortitude ValleyEnterprise SoftwareSaasArtificial IntelligenceInformation TechnologySoftware

Description

Responsive, a leading US market player, has acquired the Queensland-based startup Bidhive. This acquisition strengthens Responsive's presence in the Asia-Pacific region while enhancing their technological capabilities. Bidhive's focus on procurement efficiencies aligns well with Responsive's business strategy. Both companies will continue their operations with plans for future integration.

Company Information

Company

Responsive

Location

Beaverton, Oregon, United States

About

Responsive is the global leader in Strategic Response Management (SRM) software, transforming how organizations share and exchange critical information. The AI-driven Responsive Platform is purpose-built to manage strategic responses at scale, empowering companies worldwide to accelerate growth, mitigate risk, and improve employee experiences.

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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