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Rural Sourcing Acquires Leading Midwest Digital Engineering Company

Aug 13, 2021almost 4 years ago

Acquiring Company

Sourcing

Acquired Company

Midwest Digital Engineering

Description

Rural Sourcing, Inc., a leader in onshore digital engineering, has entered an agreement to acquire Centare, a digital business and technology consultancy that will expand Rural Sourcing's software product design and development capabilities. In addition, this acquisition will add two Middle America locations to Rural Sourcing's onshore delivery center network, bringing the total to eight U.S.-based centers.

Company Information

Company

Sourcing

M&A Insights

Based on deal data
Integration 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