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Nexer Acquires Rangeline Solutions To Build Connected Supply Chains Of The Future

Dec 06, 2022•about 3 years ago

Acquiring Company

Nexer Group

Acquired Company

Rangeline Solutions

GothenburgConsultingInformation TechnologySoftware

Description

Nexer Group, a global tech and IT services consultancy with expertise in digital transformation, tech, engineering, and embedded development, today announced the acquisition of Rangeline Solutions, an ERP solutions provider using Microsoft Dynamics 365 and based in Carmel, Ind. Financial details of the transaction were not disclosed.

Company Information

Company

Nexer Group

Location

Gothenburg, Västra Götaland County, Sweden

About

Nexer Group is a global tech company delivering services in strategy, technology and communication. Rooted in the Swedish heritage of entrepreneurship and innovation, Nexer has grown over the last 30 years to now include 2,500 employees in 15 countries. Businesses around the world rely on Nexer for design, software development, and implementation expertise on digitization, engineering, and research and development projects.

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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