Valtech Acquires Tome Software To Expand Its Innovative Services In The Mobility Industry
Jan 04, 2023•almost 3 years ago
Acquiring Company
Valtech
Acquired Company
Tome Software
Description
Perfectly aligned cultures, combined expertise, and an international presence provides the mobility market with an end-to-end transformation partner focused on customer experience and improved safety with equity and inclusion advancements across the industry.
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