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Aduro Advisors Announces Acquisition Of Vms Fund Administration, Solidifying Its Position As A Leading Venture Capital Fund Administrator

Jul 12, 2022over 3 years ago

Acquiring Company

Aduro Advisors

Acquired Company

VMS Fund Administration

Financial Services

Description

Aduro Advisors, LLC (Aduro), a leading fund administration firm that uses best-in-class proprietary technology to provide services to venture capital and private equity firms, announced today that it has acquired VMS Fund Administration (VMS), a venture capital and private equity fund administrator based in Princeton, NJ. Since its founding in 2000, VMS has built a reputation as a thoughtful, client-focused fund administrator providing accounting, reporting, and fund operation services to a collection of the industry’s top venture firms.

Company Information

Company

Aduro Advisors

About

Aduro Advisors, LLC is a leading fund administration firm that uses best-in-class technology to provide comprehensive fund accounting services to venture capital and private equity firms. Since 2012, we have combined our proprietary technology, FundPanel.io, with senior level experts to deliver customized solutions for our clients, so they can focus on what they do best, investing. To learn more visit www.aduroadvisors.com.

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