Bain & Company Acquires Houston-Based Digital Product Studio, Umbrage, To Help Clients Reach New Levels Of Growth And Efficiency Through World-Class Software Capabilities
Feb 01, 2023•almost 3 years ago
Acquiring Company
Bain & Company
Acquired Company
Umbrage
Description
Bain & Company today announced its acquisition of Umbrage, a Houston-based digital product studio that partners with its clients to design, develop, and scale world-class software solutions.
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