Amcs Acquires Utility Cloud To Expand Its Digital Solutions

Sep 13, 2022•almost 3 years ago

Acquiring Company

AMCS

Acquired Company

Utility Cloud

LimerickNatural ResourcesSoftwareSaasInformation TechnologySoftware

Description

AMCS, the leading global supplier of integrated software and vehicle technology for the environmental, recycling, and resources industries, today announced that it has acquired Utility Cloud, a leading U.S.-based utility operations management platform for an undisclosed amount. This acquisition expands AMCS’ strategy to bring technologies to utility customers to help them sustainably manage resources, increase productivity, and enhance their bottom line while improving customer satisfaction.

Company Information

Company

AMCS

Location

Pablo Professional Court

Limerick, Munster, Ireland

About

AMCS is headquartered in Limerick, Ireland with offices in North America, Europe, and Australia employing over 1000 people across 18 countries. AMCS is a global leader of integrated software and vehicle technology for the environmental, recycling, and resource industries and offers optimization solutions to the broader transport and logistics market. AMCS helps over 4,000 customers globally to reduce their operating costs, increase asset utilization, optimize margins, and improve customer service. Their enterprise software and SaaS solutions deliver digital innovation to the emerging circular economy around the world.

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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