Innovation Funding Specialist Catax, A Ryan Company, Acquires R&D Tax Relief Consultancy Access2Funding
Jun 13, 2022•over 3 years ago
Acquiring Company
Catax
Acquired Company
Access2Funding
Professional ServicesSales And MarketingFinancial ServicesSoftware
Description
Ryan, a leading global tax services and software provider, today announced that innovation funding specialist Catax, a Ryan company, has acquired research and development (R&D) tax relief consultancy Access2Funding.
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