Leading North American Total Talent Management Firm, Raise, Acquires Shiftfillers
Aug 24, 2023•almost 2 years ago
Acquiring Company
Raise (https
Acquired Company
Shiftfillers (https
Intellectual PropertyAnimation
Description
We are excited to announce that Raise has acquired a majority share in Shiftfillers, a technology-forward staffing company that specializes in the quickly growing North American light industrial sector.
FundzWatch™ Score
73
High M&A Activity
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