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TechTorch completes acquisition of AstuteForce to enhance Salesforce expertise

May 20, 2024•about 1 year ago

Acquiring Company

TechTorch

Acquired Company

AstuteForce

WoodsideNapervilleMachine LearningArtificial IntelligenceSoftwareCrmSaasMarketing

Description

TechTorch, a leading Enterprise Technology Solutions company, proudly announces its acquisition of AstuteForce, a renowned service firm for Salesforce technology. This strategic move aims to enhance TechTorch's capabilities and extend its reach within the Salesforce ecosystem, reinforcing its commitment to providing cutting-edge solutions to its clients.

Company Information

Company

TechTorch

Location

Woodside, California, United States

About

TechTorch is a leading Enterprise Technology Solutions company specializing in services for Commercial Excellence, Data, and AI. It has been at the forefront of disrupting the services space by leveraging AI-driven accelerators to automate tasks traditionally performed manually by service providers. TechTorch primarily serves private equity-backed companies and is a pioneer in using artificial intelligence to drive efficiency and innovation.

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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