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Izzi Software completes acquisition of ColeSoft to strengthen its presence in the mainframe industry

Feb 01, 2025•6 months ago

Acquiring Company

Izzi Software

Acquired Company

ColeSoft

MinneapolisCharlottesvilleInformation TechnologySoftware

Description

Izzi Software, a newly launched technology company, has successfully acquired ColeSoft, a Virginia-based developer of debugging products for IBM mainframes. This acquisition aligns with Izzi Software's mission to acquire successful companies in the enterprise software space, particularly those related to mainframes and midrange systems. The company aims to cultivate a roster of powerhouse solutions by bringing together successful, proven companies to empower users of these platforms and drive successful outcomes.

Company Information

Company

Izzi Software

Location

Minneapolis, Minnesota, United States

About

Izzi is an all-inclusive technology innovator, supporting the legendary systems that power the modern world by bringing together proven companies to create a portfolio of mission-critical software applications. We’re creating a forward-thinking family of products that builds upon the momentum of the innovators who built them.

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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