Acquiring Company
WorkRamp, Inc.
Acquired Company
The Enablement Squad
San FranciscoSoftwareCommerce And ShoppingDescription
WorkRamp, the All-in-One Learning Platform helping businesses and their employees unlock their true growth potential – today has announced it has acquired The Enablement Squad, one of the largest online open communities of enablement professionals whose mission is to engage, educate, and empower enablement leaders across the globe.
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