Flexpoint Ford completes acquisition of Accuserve Solutions to accelerate growth strategy
Mar 28, 2024•over 1 year ago
Acquiring Company
Flexpoint Ford
Acquired Company
Accuserve Solutions
Description
Flexpoint Ford, a private equity firm specializing in investments in the financial services and healthcare industries, has reached an agreement for a majority investment in Accuserve Solutions. This partnership is expected to bring significant financial resources, industry expertise, and relationships to Accuserve, enabling it to expand its contractor networks and service offerings, pursue strategic acquisitions, and enhance its technology and data analytic tools.
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