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MoveInSync acquires eFmFm to boost commute solutions

May 21, 20252 months ago

Acquiring Company

MoveInSync

Acquired Company

efmfm

BengaluruChennaiTransportationInformation Technology

Description

MoveInSync has acquired eFmFm to enhance its leadership in the enterprise commute sector. This strategic acquisition will allow MoveInSync to significantly scale its operations and add 50 new global clients. It positions the company as the first platform to support over 1 million daily commuting employees. The merger aligns with their mission of seamless and sustainable transportation solutions for enterprises.

Company Information

Company

MoveInSync

Location

Bengaluru, Karnataka, India

About

MoveInSync is an integrated enterprise commute platform focused on providing seamless transportation solutions for businesses. The company serves over 400 clients in 35 countries, including several Fortune 500 companies. It aims to drive innovation and sustainability in employee commuting. This acquisition marks a strategic step in scaling their operations.

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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