Acquiring Company
ERP Success Partners
Acquired Company
ERP Success Partners
SoftwareSoftware
Description
ERP Success Partners, a leading North American enterprise resource planning (ERP) consulting firm and Oracle NetSuite Solution Provider partner, today announced that it has acquired the NetSuite ERP practice of Createch, a Montreal-based provider of software and services that helps businesses improve operations.
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