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Serent-Backed Quorum Acquires Capitol Canary, Bringing Together Two Public Affairs Software Leaders

Sep 29, 2022•about 3 years ago

Acquiring Company

Quorum

Acquired Company

Capitol Canary

WashingtonSoftwareGovernmentInformation Technology

Description

Quorum, the market leader in public affairs software, today announces it has acquired Capitol Canary, the leading grassroots advocacy platform trusted by 1,200 organizations including 25% of the Fortune 100. This results in the creation of one of the most comprehensive and technologically advanced public affairs software platforms to date.

Company Information

Company

Quorum

Location

Square De Meeûs

Washington, District Of Columbia, United States

About

Quorum is public affairs software that helps you work smarter and move faster. Thousands of public affairs professionals use Quorum for their work in Congress, all 50 state legislatures, major U.S. cities, the European Union, and several additional countries. Founded in 2014, Quorum is headquartered in Washington, D.C. with an international office in Brussels. Quorum works with Fortune 500 companies, trade associations, advocacy groups, embassies, nonprofits, and government agencies including Coca-Cola, Walmart, General Motors, U.S. Travel Association, Human Rights Campaign, the United Nations Foundation, and the Air Force.

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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