Acquiring Company
Blend
Acquired Company
Montevideo Labs
Description
Blend360, a leading data science solutions provider, today announced its acquisition of Montevideo Labs in a continued expansion of Blend360's global capabilities.
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