Thompson Street Capital Partners Platform Gurobi Optimization Completes Acquisition Of October Sky
Jun 30, 2023•over 2 years ago
Acquiring Company
Gurobi Optimization
Acquired Company
October Sky
Description
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that TSCP portfolio company Gurobi Optimization (Gurobi), a provider of decision intelligence technology, has acquired October Sky, a Japan-based provider of mathematical optimization services and custom solutions. Terms of the transaction 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