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Intelligence
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Rfpio Acquires Rfp360, Bolstering Best-In-Class Response Management

Aug 15, 2021•over 4 years ago

Acquiring Company

RFPIO

Acquired Company

RFP360

Description

Providing the most advanced response management solution and paving the way for an exciting future roadmap for strategic sourcing software.

Company Information

Company

RFPIO

About

RFPIO is the market leader in response management software, trusted by some of the world's smartest companies to support RFP and security questionnaire response, create and manage sales proposals, and resolve inefficiencies rooted in decentralized and inaccessible content and knowledge. The software's robust and bi-directional integrations, along with an open API, allow teams to digitally transform response management processes and to harness the power of the knowledge and content across their teams. RFPIO supports response management for growing organizations of all sizes including Google, Adobe, Atlassian, Microsoft, Tenable, Zoom Video and others. For more information, visit rfpio.com or follow @rfpioinc on Twitter.

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