Aduro Advisors Announces Acquisition Of Vms Fund Administration, Solidifying Its Position As A Leading Venture Capital Fund Administrator
Jul 12, 2022•over 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.
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