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Arcos Acquires Treverity To Supercharge Insights With Utility

Jan 10, 2023almost 3 years ago

Acquiring Company

ARCOS

Acquired Company

Treverity

ColumbusSaasSoftware

Description

ARCOS® LLC has acquired software maker Treverity and its analytics and collaboration platform Utility Insight.

Company Information

Company

ARCOS

Location

Columbus, Ohio, United States

About

ARCOS provides innovative workforce management solutions that help utilities and other critical infrastructure industries manage people, work, and assets in a single platform. ARCOS enables utilities to quickly mobilize personnel for blue and grey sky work, manage native and non-native crews in a single system, and accelerate operations with field mobility tools that deliver real-time situational awareness. More than 400 utilities rely on ARCOS to advance safety, reduce field costs, and improve response times and customer satisfaction.

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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