Tma Systems Acquires Eagle Technology To Accelerate Expansion And Global Growth
Oct 04, 2022•about 3 years ago
Acquiring Company
TMA Systems
Acquired Company
Eagle Technology
TulsaSoftwareHardwareInformation TechnologySoftwareDescription
TMA Systems, a world-class provider of advanced Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management Solutions (EAMS) for over 30 years, announced today it has agreed to acquire Eagle Technology, a Wisconsin-based leader and developer of CMMS software serving enterprise clients globally in manufacturing, distribution and warehousing, transportation and logistics sectors. The Eagle acquisition is the first of what the company anticipates will be several future acquisitions as TMA expands beyond organic growth and leverages its $68 million strategic growth investment from Silversmith Capital Partners.
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