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Bluewave Technology Group Acquires Singlepoint Solutions

Feb 06, 2023almost 3 years ago

Acquiring Company

Bluewave Technology Group

Acquired Company

SinglePoint Solutions

San ClementeTelecommunicationsSoftwareSecurityInformation Technology

Description

Latest acquisition makes Bluewave the most significant IT advisory firm in Kentucky, with expanded presence in New York and New Jersey

Company Information

Company

Bluewave Technology Group

Location

San Clemente, California, United States

About

Bluewave Technology Group (Bluewave) is a premier technology advisory and lifecycle management company with a comprehensive approach to optimizing clients’ ability to grow revenue, reduce costs, and improve efficiency. Bluewave streamlines the technology buying and management process for businesses of all sizes across the United States with four key services: Technology Evaluation, Strategic Sourcing, Expense Management, and Operations Support. Specializing in modernizing the IT and telecom infrastructure, Bluewave partners with proven cloud, network, security, and collaboration service providers to develop the best solution while maximizing the clients’ technology investment. Learn more at www.bluewave.net

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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