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Bigtime Software Acquires Projector To Become Leading Operating Platform For Professional Services Firms

Jul 12, 2022almost 3 years ago

Acquiring Company

BigTime

Acquired Company

Projector PSA

ChicagoInformation TechnologySoftwareProfessional ServicesInformation TechnologySoftware

Description

BigTime Software, the premier provider of cloud-based software for professional services firms, today announced the acquisition of Projector PSA, a leading provider of cloud-based PSA software to the middle market. Founded in 2003 and recognized as a leader in the PSA space, Projector brings deep industry expertise and sophisticated product capabilities to hundreds of professional services organizations.

Company Information

Company

BigTime

Location

Chicago, Illinois, United States

About

BigTime Software is dedicated to developing practice management tools that help growing professional services firms track, manage and invoice their time. Its award-winning industry-specific solutions are designed to speak the language of consultants of all stripes, from accounting, engineering, and architecture to IT services.

DealWatch™ Score

69
High M&A Activity

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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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