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Solid Solutions Acquires Grm Consulting And 3Dprintuk To Expand Its Service Offerings For Engineers And Manufacturers Across The Uk And Beyond

May 22, 2023about 2 years ago

Acquiring Company

Solid Solutions

Acquired Company

GRM Consulting

ConsultingInformation TechnologySoftware3d PrintingPrintingManufacturing

Description

Solid Solutions, a UK-based technology and business solutions partner for design engineers and manufacturers, has acquired GRM Consulting and 3DPRINTUK.

Company Information

Company

Solid Solutions

About

One of the world's largest providers of professional design solutions specialising in SOLIDWORKS software, training and support services

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