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Executech Announces Acquisition Of Dyrand Systems

Jan 04, 2022•almost 4 years ago

Acquiring Company

Executech

Acquired Company

Dyrand Systems

Information TechnologySoftware

Description

Executech, a leading managed IT services and cybersecurity provider, announced today the acquisition of Dyrand Systems, an established IT support provider based in Vancouver, British Columbia. For 20 years, Dyrand has supported businesses with proactive support in British Columbia and across Canada.

Company Information

Company

Executech

About

Executech was founded in 1999 on the idea of reinventing the traditional approach to managed IT services through a people-first mentality. Executech provides IT solutions delivered by down-to-earth IT consultants that are friendly, personable, and dedicated to growth. Executech's IT services have helped organizations across the western United States overcome IT challenges, improve efficiency, increase security, modernize into the cloud, and build for growth. With over 100 technical consultants across 6 locations, Executech provides a local and personal touch to IT support. For more information on Executech's unique approach, visit www.executech.com.

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