logo
logo

Volaris Group Acquires Functionfox

May 09, 2023•about 2 years ago

Acquiring Company

Volaris Group

Acquired Company

FunctionFox

Madhya Pradesh

Description

Today Volaris Group announced the acquisition of FunctionFox. Based in Victoria, British Colombia, FunctionFox designs and builds timesheet and project management software for creative agencies and teams.

Company Information

Company

Volaris Group

Location

Madhya Pradesh, India

About

Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete, enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com

Related People

Sign in to view contact details

Sign in to view contact details

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