Calero-Mdsl Acquires Network Control, Solidifying Mid-Market Presence

Aug 02, 2022•about 3 years ago

Acquiring Company

Calero-MDSL

Acquired Company

Network Control

Enterprise SoftwareSaasInformation TechnologySoftware

Description

Calero-MDSL, a leader in the high-growth Technology Expense Management (TEM) software space, announced today that it has acquired Network Control, a boutique Telecom Expense Management company providing high-touch telecom expense management and managed mobility software and services to customers for the past 22 years. Calero-MDSL is a portfolio company of Riverside Partners and Oak Hill Capital Partners. Financial terms were not disclosed.

Company Information

Company

Calero-MDSL

About

Calero-MDSL is the leading Technology Expense Management provider, managing over $25 billion in spend worldwide for thousands of organizations in 102 countries. With a deep commitment to innovation and customer success, Calero-MDSL partners with organizations to provide a modernized, centralized technology expense management solution that supports Telecom Expense Management, Managed Mobility Services, and SaaS Subscription Management. Calero-MDSL is the industry leader in initiatives that solve pervasive market problems and continues to be recognized by industry analysts for award-winning achievements. The company is committed to serving customers with innovative solutions that provide visibility, control, and optimization of their entire technology ecosystem. To learn more, visit CaleroMDSL.com

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