logo
logo
AI + EXCLUSIVE DATA

AI identifies M&A opportunities from proprietary sources

Our AI analyzes exclusive acquisition data to predict which merged companies need YOUR integration capabilities.

10-25 M&A leads daily • Tech stack analysis • Integration scoring
Start with:
Flexible Plans • $39/mo or $29/mo annual
AI + exclusive M&A intelligence
Post-merger opportunity analysis
INDUSTRY FIRST

Convergix Automation Solutions Acquires Eagle Technologies

Apr 03, 2023over 2 years ago

Acquiring Company

Convergix Automation Solutions

Acquired Company

Eagle Technologies

Information TechnologySoftwareManufacturingInformation Technology

Description

Convergix Automation Solutions ("Convergix"), an automation solutions company backed by leading private equity firm Crestview Partners ("Crestview"), has completed the acquisition of Eagle Technologies ("Eagle"), a Bridgman, Michigan-based systems integrator specializing in turnkey automated production and testing solutions. Following Convergix's acquisitions of JMP Solutions in August 2021, Classic Design in February 2022, and AGR Automation in August 2022, Eagle marks the fourth acquisition in Crestview's strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Company Information

Company

Convergix Automation Solutions

About

Convergix Automation Solutions elevates the automation industry through comprehensive products, technology and services that improve productivity and maximize talent. By closing gaps in automation and through earned trust, Convergix leverages creative and solutions-oriented engineering and technology to allow its customers to reach their complete potential to develop, create and drive industries forward. For more information, please visit www.convergixautomation.com.

FundzWatch™ Score

68
High M&A Activity

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