Acquiring Company
UKG
Acquired Company
Ascentis
information technology & services
Description
UKG Inc., a leading global provider of human capital management (HCM), payroll, HR service delivery, and workforce management solutions, today announced it has acquired Ascentis Corporation.
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