Co-native completes acquisition of Retune Group AB and implements management changes
Nov 12, 2024•11 months ago
Acquiring Company
Co-native
Acquired Company
Retune Group AB
Description
Co-native has acquired Retune Group AB, a Stockholm-based cloud specialist company, as part of its strategy to strengthen its position as the leading public cloud provider in the Nordics. The acquired company will be integrated into Co-native's subsidiary, Asurgent, to enhance collaboration opportunities and deliver greater value to customers. Management changes have been implemented to further strengthen the group's growth capacity and customer focus.
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