Flexity Acquires The Managed It Business Services Division Of Rally Enterprises

Sep 28, 2021•almost 4 years ago

Acquiring Company

FlexITy

Acquired Company

Rally

San DiegoSportsHealth CareInformation TechnologySoftwareSoftwareInformation Technology

Description

FlexITy today announced its acquisition of the Managed IT Business Services division of Rally Enterprises, the first in a number of planned purchases that are part of FlexITy's focused acquisition strategy. Rally's Managed Services Division will further complement the integration and managed services that FlexITy already provides. The purchase and addition of Rally's team of knowledgeable, highly skilled service professionals will strengthen FlexITy's capabilities and offerings.

Company Information

Company

FlexITy

About

FlexITy, headquartered in Richmond Hill with offices in Toronto and Winnipeg, is an award-winning integrator of smart technology and service solutions that are built on powerful and digitally advanced secure platforms, across multiple industry sectors with particular emphasis on patient-centric modernizations designed for Canadian healthcare. Web: www.flexity.com Call: 866.779.FLEX (3539)

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