Acquiring Company
Amount
Acquired Company
Linear Financial Technologies
Description
Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform.
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