Baker Tilly Acquires Vanilla, Technology Leader In Enterprise Resource Planning
Mar 08, 2022•over 3 years ago
Acquiring Company
Baker Tilly
Acquired Company
Baker Tilly
Description
Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) continues to pinpoint strategic combinations in the digital advisory space with the acquisition of Vanilla, a technology consulting firm that specializes in the sales, implementation and support of enterprise resource planning (ERP) software. The effective date of the acquisition is May 1.
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