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Bleecker Street Group Announces Acquisition Of Ripple Operations, Accelerating Technological Advancement In The Maritime Industry

Sep 23, 2023•almost 2 years ago

Acquiring Company

Bleecker Street Group

Acquired Company

Ripple Operations

Software

Description

Bleecker Street Group (BSG), a global software holding company, is excited to announce the successful acquisition of Ripple, a leading integrated maritime software company. The acquisition underscores Bleecker Street Group's commitment to propelling technological innovation and excellence in the maritime sector, solidifying its position as an emerging force in the broader Supply Chain Software industry.

Company Information

Company

Bleecker Street Group

About

Bleecker Street Group is a holding company that invests in, acquires, and incubates supply chain software businesses. With its permanent capital base and a strong emphasis on maritime software, the firm is committed to delivering transformative solutions that address evolving industry needs and propel customers forward over the long-term.

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