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Blend360 Acquires Engagement Factory, A Digital Transformation Consultancy Headquartered In Eindhoven, Netherlands

Jul 15, 2021•over 4 years ago

Acquiring Company

Blend

Acquired Company

Engagement Factory

ColumbiaBig DataInformation TechnologySoftwareAnalyticsData VisualizationData Mining

Description

BLEND360 (www.blend360.com), a leading provider of services in data science and talent solutions, announced its acquisition of Engagement Factory (www.engagementfactory.com), one of EMEA’s fastest growing digital transformation consultancy’s headquartered in Eindhoven, Netherlands. This acquisition is designed to expand upon BLEND360’s global technology and analytics offering and to meet the international needs of its client base.

Company Information

Company

Blend

Location

Columbia, Maryland, United States

About

Blend is a global leader in AI-powered data science, combining cutting-edge technology, human expertise, and a relentless focus on client success. Since 2015, Blend has delivered transformative solutions across industries, turning bold visions into measurable results.

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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