Openbravo Announces Its Acquisition By Leading French Group Dl Software

Nov 24, 2022•over 2 years ago

Acquiring Company

DL Software

Acquired Company

Openbravo

SoftwareRetail TechnologySaasRetailE CommerceSoftware

Description

Openbravo, the Spanish vendor of a unified commerce platform for agile and innovative commerce, has announced today that it is joining DL Software, a leading France-based group of vertical software providers which is on an ambitious path to internationalize its business footprint.

Company Information

Company

DL Software

About

Founded in 2003, DL Software is a specialized vertical software vendor. The group comprises 23 verticalized solutions divided into four main divisions (Retail, Real Estate, Health, Construction). Since 2021, DL Software has been supported by the TA Associates fund, a leading player in private equity, particularly active in technology investments. www.dlsoftware.fr Contact: Xavier PlacesMarketing Director+34 607 676 568 xavier.places@openbravo.com Photo: https://mma.prnewswire.com/media/1954858/OB_and_DL.jpgLogo: https://mma.prnewswire.com/media/703504/Openbravo_Logo.jpg SOURCE Openbravo

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