Payscale Acquires Agora, Strengthening Unrivaled Portfolio Of Compensation Data, Software And Services
Nov 15, 2022•about 3 years ago
Acquiring Company
Payscale
Acquired Company
Agora
Description
Today, Payscale, Inc., the leading provider of compensation data, software and services, has acquired Agora Solutions Inc. (Agora), an innovative provider of dynamic, interactive offer communications, total rewards, employee pay portals and other modern people analytics solutions that foster transparency in compensation.
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