Act Commodities Group Acquires A Controlling Stake In Emissions Accounting And Esg Reporting Platform Green Project Technologies
Apr 18, 2023•over 2 years ago
Acquiring Company
ACT
Acquired Company
Green Project Technologies, Inc.
Description
ACT, the leading global provider of market-based sustainability solutions, has acquired a controlling stake in Green Project Technologies, a U.S.-based software company delivering a SaaS-based platform to simplify corporate climate accounting. The two-year-old company has already developed a significant client base in the U.S. and supports a wide range of companies that report in line with major climate frameworks across geographies and industries, such as CDP, the Greenhouse Gas Protocol, and the EU’s Sustainable Finance Disclosure Regulations.
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