Mission Acquires Dozen Software To Expand Its Aws Software Application Development Services
Jun 21, 2022•about 3 years ago
Acquiring Company
Mission Cloud Services
Acquired Company
Dozen Software
Description
Mission Cloud Services, a cloud managed services provider and Amazon Web Services (AWS) Premier Tier Services Partner, today announced the acquisition of Dozen Software, a Nashville-headquartered provider of software application development services. With this acquisition, Dozen Software CEO Chris Downs becomes the AppDev Practice Lead at Mission.
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