Node4 Announces Acquisition Of Tnp To Significantly Expand Its Breadth Of It Service Capabilities
Jul 20, 2021•about 4 years ago
Acquiring Company
Node4
Acquired Company
TNP
Description
Node4, a leading cloud-led Managed Services Provider (MSP), today announced the acquisition of TNP (The NAV|365People), a leading Microsoft Dynamics 365 partner. The acquisition is Node4’s largest to-date and the first since the recent announcement of Providence Equity Partners as its new principal investor. The terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration 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