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Centrilogic Acquires Watserv To Strengthen It Transformation And Managed Cloud Capabilities

Dec 05, 2022•about 3 years ago

Acquiring Company

Centrilogic

Acquired Company

WatServ

Information TechnologySoftware

Description

Centrilogic, a global IT transformation solutions provider, today announced its acquisition of WatServ, an award-winning technology solutions provider that delivers experience-tested and strategic outcomes across all stages of the IT transformation journey. The deal will enable Centrilogic to accelerate its strategy of providing full-stack solutions and strengthen its portfolio of strategic advisory, cloud, cybersecurity, and application management services.

Company Information

Company

Centrilogic

About

Centrilogic is a global provider of IT transformation solutions that empower organizations to realize their full digital potential. Armed with capabilities that span the stack – from multicloud management to next-gen applications and strategic services – Centrilogic delivers resilient end-to-end digital solutions that help companies reshape the role of their technology platforms as business-driving assets. With regional headquarters in Canada, USA, and the United Kingdom, Centrilogic delivers solutions to innovative companies worldwide.

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