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Board Intelligence completes acquisition of TeamEngine to enhance AI-powered governance software offerings

Sep 16, 2024•10 months ago

Acquiring Company

Board Intelligence

Acquired Company

TeamEngine

LondonLondonSoftwareSoftware

Description

Board Intelligence, the London-based AI-powered board software and board advisory firm, has strategically acquired TeamEngine, the Stockholm-based board software provider. This acquisition aims to accelerate innovation in AI-powered governance software offerings and expand geographic reach to better serve clients across public and private sectors, leveraging the combined expertise and products of both companies.

Company Information

Company

Board Intelligence

Location

London, England, United Kingdom

About

Board Intelligence is the UK's largest board technology and advisory firm, trusted by over 40,000 leaders and 3,000 organizations from Fortune 500 and FTSE 100 corporates. It provides software and services that drive better board decision-making, serving as a trusted advisor to Fortune 500 and Global 2000 chairs and CEOs.

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

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