Bain & Company completes acquisition of PiperLab to scale up AI and ML offerings across EMEA
Mar 14, 2024•almost 2 years ago
Acquiring Company
Bain & Company
Acquired Company
PiperLab
Description
Bain & Company has acquired PiperLab, a European provider of AI and ML solutions, to scale up Bain's AI and ML offerings for clients throughout Europe, the Middle East and Africa (EMEA). This deal establishes an additional Advanced Analytics and AI hub under Bain's global Advanced Analytics Group (AAG), reinforcing its vision to create an analytics powerhouse in Europe to better support regional clients and contribute to Bain's global AAG efforts in delivering world-class work on AI initiatives across the region.
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