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Advantive Acquires Datanet And Pq Systems, Expanding Manufacturing

Dec 06, 2022•about 3 years ago

Acquiring Company

Advantive

Acquired Company

DataNet

TampaCrmEnterprise SoftwareSaasInformation TechnologyManufacturingSoftwareManufacturing

Description

Advantive doubles down on its commitment to transform operations and drive greater profitability for customers

Company Information

Company

Advantive

Location

Tampa, Florida, United States

About

Advantive is a market leader in mission-critical software for specialty manufacturing and distribution companies, offering purpose-built ERP, MES and SPC software solutions that meet the unique needs of our customers. Serving over 2,500 customers and operating in eight countries, Advantive’s software solutions streamline complex processes, optimize operations visibility and throughput, and drive improved quality, profitability and revenue growth. Deeply embedded into key end-to-end workflows, Advantive’s software uses automation, seamless integration and real-time data to streamline plant scheduling, order management, quality control, sales order forecasting and pricing, ecommerce and delivery – making the complex, simple. More information about Advantive can be found at https://advantive.com.

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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