Leaseaccelerator Completes Acquisition Of Leasecontroller™ From Deloitte
May 23, 2023•about 2 years ago
Acquiring Company
LeaseAccelerator
Acquired Company
LeaseAccelerator
Description
LeaseAccelerator, the world's leader in Lease Lifecycle Automation software, announced today that it has completed the acquisition of the LeaseControllerTM software-as-a-service (SaaS) product and related business operations from Deloitte.
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