Acquiring Company
Cuadrilla Capital
Acquired Company
Chartbeat
Description
Cuadrilla Capital, LLC ("Cuadrilla"), a leading enterprise software investment firm, today announced that it has acquired Chartbeat, Inc. ("Chartbeat" or the "Company"). Chartbeat will continue to be led by John Saroff, CEO. Financial terms were not disclosed.
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