Avid Ratings Acquires H2Insight Homebuilder Operations

Jan 17, 2023•over 2 years ago

Acquiring Company

Avid Ratings

Acquired Company

H2insight Homebuilder Operations

MadisonSoftwareAnalyticsCrmCall CenterSaasSoftware

Description

Avid Ratings, the leading customer experience platform and solution for the homebuilding industry, announced today that it has acquired the H2insight Homebuilder Operations. H2insight is a multi-industry provider of customer feedback and engagement solutions.

Company Information

Company

Avid Ratings

Location

918 DEMING WAY

Madison, New Jersey, United States

About

Avid Ratings is a leading provider of software and solutions for the homebuilding industry. Our flagship product, AvidCX™, is trusted by thousands of homebuilders to measure, analyze, and improve their customer interactions. Our full suite of products, including the HomeKeep platform and AvidWarranty, is specifically designed to help homebuilders streamline operations, enhance customer experiences, and drive more home sales.

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