Real Time Technologies Acquires Incomm Agent Solutions, Adds Critical Payments Technology And Extends Retail Footprint

Aug 03, 2022•about 3 years ago

Acquiring Company

Real Time Technologies (RT2)

Acquired Company

InComm Payments

SaasSoftwarePaymentsFintechFinancial Services

Description

Real Time Technologies, Inc (RT2), a leading enterprise software platform company delivering retail activation, point-of-sale (POS), business intelligence and inventory management solutions to the wireless industry, has completed the strategic acquisition of InComm Agent Solutions, Inc (IAS), a subsidiary of InComm Payments, an innovative global payments technology provider.

Company Information

Company

Real Time Technologies (RT2)

Location

E Cumberland Ave

About

RT2 offers the most flexible cutting-edge Retail Management Solutions that encompass sales, inventory management, frontline employee management & engagement, business intelligence, and digital automation tools for the wireless space. We support Fortune 500 companies unify their customer experience and remove pain points across multiple retail touch points. RT2 prides itself on fostering a family culture and a dynamic work environment where team members are set up to make meaningful contributions across the organization. Learn more at www.rt2.com.

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