Axim Fringe Solutions Group Acquires Perks Showcase To Revolutionize Employee Benefits And Engagement Experience
Apr 25, 2023•over 2 years ago
Acquiring Company
AXIM Fringe Solutions Group
Acquired Company
PERKS Showcase
Employee BenefitsHuman ResourcesSoftware
Description
AXIM Fringe Solutions Group, a leading provider of innovative employee benefits and engagement solutions, has announced the acquisition of PERKS Showcase, a game-changing employee communications and engagement platform. This strategic move will strengthen AXIM's position in the market and propel the company to the forefront of the employee engagement and benefits sector.
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