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Net At Work Acquires Proserve Solutions, A Leading Acumatica Partner And Business Technology Consulting Firm

Apr 12, 2022•over 3 years ago

Acquiring Company

Net at Work

Acquired Company

ProServe Solutions

New YorkConsulting

Description

Net at Work, a full-service technology and business consultancy, today announced the acquisition of ProServe Solutions (ProServe), a leading Acumatica partner and business solutions provider. The acquisition broadens Net at Work's bench of experienced business technology consultants, offers a deeper level of Acumatica support, and provides clients with access to next-gen digital solutions that unleash the power of business. ProServe's clients will benefit from Net at Work's domain expertise, including Virtual CIO support, Cloud Hosting, Managed IT & Information Security, Employer Solutions, CRM, and eCommerce.

Company Information

Company

Net at Work

Location

New York, New York, United States

About

Net at Work, founded in 1996, is one of North America’s largest technology advisors and solution providers for small and mid-size businesses. The company delivers next-generation technology, deep industry expertise, and managed services to help organizations unlock the full value of digital transformation. By integrating ERP, HCM, and CRM solutions, Net at Work creates industry-specific platforms that empower businesses to compete and thrive in today’s digital economy.

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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