Tequity Advises SaaS Supply Chain ERP Provider, Blue Link Associates, on Strategic Acquisition by Cordance

Jan 22, 2024•over 1 year ago

Acquiring Company

Cordance

Acquired Company

Blue Link Associates Limited

Raleigh

VaughanSoftware DevelopmentInformation Technology

Description

Cordance, a leading provider of innovative software solutions, has strategically acquired Blue Link Associates Limited, a leader in SaaS ERP solutions and provider of an all-in-one inventory management and accounting software system. This acquisition reinforces Cordance's commitment to enhancing its portfolio with innovative software solutions and empowering businesses across diverse industries.

Company Information

Company

Cordance

Location

Raleigh, North Carolina, United States

About

Cordance is a software company that acquires and accelerates the growth of vertically-focused, B2B SaaS companies by investing in their products, processes and people — for the long-term. Our experienced operators and subject-matter experts provide go-to-market leadership, operational support and financial backing to help our acquired businesses realize their full potential. We partner with founders of established companies with less than $10M in ARR that have demonstrated product-market fit, strong teams, high customer retention rates and a readiness to serve an expanded customer base. Come Join our Growing Portfolio of Businesses.

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

Related People

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