Rfpio Acquires Inhub To Fortify Its Position As The Request Management Technology Of Choice For Financial Services, Investment And Consulting Teams
Feb 15, 2022•almost 4 years ago
Acquiring Company
RFPIO
Acquired Company
InHub
SoftwareProfessional ServicesInformation Technology
Description
RFPIO announced today that the organization completed its acquisition of InHub, a leading RFx management solution for the investment community.
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