Acquiring Company
Global Go
Acquired Company
Cannabis Risk Management
CannabisConsulting
Description
Global Go, LLC ("Global Go"), a leading global cannabis and hemp consulting firm, today announced the acquisition of certain assets of Adherence Compliance Inc ("Adherence"). Adherence is a leading cannabis risk management and compliance Software-as-a-Service (SaaS) platform serving governments, financial institutions, and enterprise cannabis clients. The acquisition is expected to strengthen Global Go's services platform by extending into new verticals and SaaS recurring revenue.
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