Acquiring Company
Vector
Acquired Company
Safe & Green Holdings Corp
Description
Effective March 15, 2022, Vector, a specialist in the development and test of automotive electronics and software-based systems, has acquired 100% of the assets of Gimpel Software LLC. Gimpel Software was founded with the goal of making life easier for the C programmer and has been the leading pioneer of static analysis software since 1985.
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