Acquiring Company
Budderfly
Acquired Company
Sunverge Energy
United StatesSan FranciscoEnergyDescription
Budderfly has acquired Sunverge's distributed energy resource management system (DERMS) to create virtual power plants (VPPs), aiming to provide flexibility to the grid, increase resiliency for customers, and grow new revenue streams. This enables Budderfly to offer essential technology to the middle market, deliver sustainable efficiency outcomes, and accelerate clean energy adoption across the mid-market.
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