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Gtmhub Acquires Koan, Projects 3X Growth For Second Year

Feb 01, 2022almost 4 years ago

Acquiring Company

Gtmhub USA, Inc.

Acquired Company

Koan

DenverSoftware

Description

Gtmhub, the leading provider of OKR software (Objectives and Key Results Software), begins 2022 with numerous company milestones: the acquisition of Koan (an OKR status and tracking platform); customer wins; tripled revenue growth; new hires; product offerings and mission-oriented initiatives.

Company Information

Company

Gtmhub USA, Inc.

Location

1425 MARKET ST, SUITE 10

Denver, Colorado, United States

About

Gtmhub is the world's leading OKRs and Strategy-Execution management software with offices in Denver, Sofia, Berlin, Paris and London. Their purpose is to enable organizations to improve internal alignment and maintain focus through their world-class OKRs platform. Gtmhub strives to help their 1,000+ clients — including enterprises, not-for-profits, startups, and governments —achieve their goals with OKRs along their journey of accelerated growth and transformational change.

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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