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Global Location Strategies Acquires Two Site Selection Software Platforms

Jan 26, 2023•over 2 years ago

Acquiring Company

Global Location Strategies

Acquired Company

Site Selection Software

Description

Global Location Strategies (GLS), one of the world's leading corporate site selection firms, announced today the acquisition of two cloud-based software platforms serving the economic development industry: LocationOne (LOIS) and Lasso.

Company Information

Company

Global Location Strategies

About

Global Location Strategies is a worldwide manufacturing and industrial site selection and economic development consulting company.

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