Acquiring Company
TeamDynamix
Acquired Company
Sassafras
ColumbusHanoverConsultingEnterprise SoftwareSaasInformation TechnologySoftwareDescription
TeamDynamix has acquired Sassafras to enhance its IT Service Management and Asset Management capabilities. This acquisition aims to provide organizations with better visibility and control over IT operations, especially in software licensing management. The merger positions both companies to address emerging complexities in asset management. Together, they plan to innovate and lead in integrated service and asset management solutions.
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