Spaulding Ridge Completes Acquisition Of Solistic Decision Sciences, Expanding Global Salesforce And Data Analytics Practice
Sep 05, 2023•over 2 years ago
Acquiring Company
Spaulding Ridge
Acquired Company
SOLISTIC Decision Sciences
Information TechnologySoftwareFinancial ServicesProfessional ServicesBusiness IntelligenceBig DataMarketingAdvertisingAnalytics
Description
Spaulding Ridge, a global cloud advisory and implementation firm, announced today it has acquired SOLISTIC Decision Sciences, a leading marketing analytics and data cloud company located in the United States and India.
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