Hyper Scale Up, Lms365 Acquires Weekly10 To Expand On Their Learning And Performance Capabilities
Aug 10, 2023•almost 2 years ago
Acquiring Company
LMS365
Acquired Company
Weekly10
Description
LMS365, the leading AI-powered learning platform integrated with Microsoft 365, announces its acquisition of Weekly10, a dynamic performance and engagement management company based in Wrexham, UK. This strategic move marks a significant milestone in the evolution of LMS365, as it expands its capabilities to empower employees to drive their own success, wherever and however they work.
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