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Buildfire Acquires Bizness Apps, Strengthening Its Position As The Leading Mobile App Development Platform

May 03, 2023•over 2 years ago

Acquiring Company

BuildFire

Acquired Company

Bizness Apps

Mobile AppsMobileSoftware

Description

BuildFire, the innovative mobile app development platform, announced today that it has acquired Bizness Apps, a top competitor in the mobile app development market.

Company Information

Company

BuildFire

About

BuildFire is a leading mobile app development platform that enables businesses to create, deploy, and manage custom mobile applications without any coding knowledge. With its user-friendly interface and powerful features, BuildFire has helped thousands of businesses across various industries to streamline their operations, enhance customer engagement, and drive growth. For more information, visit https://buildfire.com/buildfire-acquires-biznessapps SOURCE BuildFire

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