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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

With experience across virtually every business discipline, the Net at Work team supports over 6,000 organizations in making software, systems and people work together in achieving their core organizational objectives. Their comprehensive range of services and solutions include ERP, CRM, Employer Solutions, eCommerce, to Cloud and IT Managed Services. From the company's founding in 1996, Net at Work has garnered wide industry recognition as problem-solvers and promise-keepers, which are the foundational principles on which all their client relationships are based, and that their clients say they value the most. For more information, visit www.netatwork.com. SOURCE Net at Work

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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