Convergeone Acquires Integration Partners Corporation, Expanding Presence In New England And Midwest

Jan 06, 2022•over 3 years ago

Acquiring Company

ConvergeOne

Acquired Company

INTEGRATION PARTNERS

BloomingtonInformation Technology

Description

ConvergeOne, a customer centric, services-led cloud technology solution provider, today announced that it has acquired Integration Partners Corporation, an award-winning team that designs and implements collaboration and digital infrastructure solutions.

Company Information

Company

ConvergeOne

Location

Bloomington, Minnesota, United States

About

ConvergeOne (C1) is transforming the industry by creating connected experiences that make a lasting impact on customers, our teams and our communities. More than 10,000 customers use C1 every day to help them build meaningful connections through innovative and secure experiences. Our NPS of 80, placing us in the World Class category for the fourth consecutive year, is a testament to our ability to provide customers with the highest level of customer satisfaction, responsiveness and deep domain expertise. C1 has partnerships with key global industry partners, delivering solutions with a total lifecycle approach. C1 holds more than 5,600 technical certifications across thousands of engineers throughout North America, including three Customer Success Centers. Learn more at convergeone.com.

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

Related People

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