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Kkcg’S Aricoma Group Acquires Clearcode To Enter The Adtech And

Jan 14, 2022•almost 4 years ago

Acquiring Company

the ARICOMA Group

Acquired Company

Clearcode

Media And EntertainmentAdvertisingSales And MarketingInformation TechnologySoftware

Description

ARICOMA Group continues to deliver on its expansion strategy as it acquires the Polish software development company Clearcode.

Company Information

Company

the ARICOMA Group

About

ARICOMA Group is a leading Central European IT Services provider with a significant Scandinavian presence, over EUR 340 million of revenue and 3,000 specialists providing services to over 200 clients in 20+ markets from its 15+ Europe-based delivery centres. ARICOMA’s focus is to help both private- and public-sector clients navigate the ever-changing demands, risks, and business opportunities. Through its portfolio companies, it provides end-to-end digital transformation solutions, including UX design and consulting, custom software development, IT infrastructure and IT operations management, cloud operations, and cloud security services. The company is owned by KKCG Group, a private investment company with €7bn AUM.

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