Apps Associates Acquires World-Class Oracle Value Chain Experts, Aei Worldwide
Feb 17, 2022•almost 4 years ago
Acquiring Company
Apps Associates
Acquired Company
World-class Oracle Value Chain Experts
Professional ServicesSoftware
Description
Apps Associates, a premier enterprise application advisory services leader, today announced the acquisition of Ontario-based, AEI Worldwide (AEI). Industry leaders in Oracle’s Value Chain solutions, integration and advisory, AEI not only expands Apps Associates’ global footprint in North America, but broadens its supply chain management expertise and client portfolio across the aerospace, high-tech, industrial, manufacturing, and pharmaceutical industries.
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