Amplix Acquires The Technology Advisory Practice Of Intervale Technologies
May 01, 2023•over 2 years ago
Acquiring Company
Amplix
Acquired Company
Intervale
AudioInformation TechnologySoftware
Description
Amplix, a portfolio company of Gemspring Capital, and a leading provider of technology advisory services and software, announced today that it has acquired the technology advisory practice of Intervale Technologies, Inc. ("Intervale").
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