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Stopit Solutions Acquires Punchalert To Expand Emergency Communications Capabilities

May 18, 2023•over 2 years ago

Acquiring Company

STOPit Solutions

Acquired Company

PunchAlert

Public SafetyHealth Care

Description

STOPit Solutions, a leading provider of safety and wellness solutions to schools, communities, and workplaces today announced that it has acquired PunchAlert, an all-in-one safety communication platform, to add to its suite of emergency management solutions. PunchAlert's underlying technology enhances the way schools send announcements and receive tips via mobile and browser-based products. As part of the acquisition, PunchAlert CEO Greg Artzt joins STOPit Solutions as its Chief Product Officer.

Company Information

Company

STOPit Solutions

About

STOPit Solutions is the leading provider of safety and wellness solutions that help protect the physical, social, and emotional well-being of millions of students, employees, and citizens throughout the United States. STOPit achieves this by providing over 8,000 schools, workplaces, and communities award-winning technology solutions that help intervene on safety and well-being concerns, respond, and mitigate critical incidents, and educate individuals on personal safety & wellness. As a result, STOPit Solutions has been able to save and change the lives of millions while creating safer, healthier places to learn, work, and live. Visit stopitsolutions.com to learn more. SOURCE STOPit Solutions

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