Acquiring Company
Pivotal
Acquired Company
Byerly & Associates
Description
Pivotal, an outsourced advisory, accounting, and tax firm focused on serving the business and personal needs of small and medium sized business owners, has acquired Byerly & Associates. The combined firm will be based in Auburn, Alabama and will bring together two like-minded firms focused on serving entrepreneurial-minded business owners. Richard Byerly and his entire Auburn-based professional team have joined the Pivotal team.
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