Spaulding Ridge Completes Acquisition Of Cis Consulting, Scaling Global Data & Analytics And Corporate Performance Management Capabilities
Mar 10, 2022•over 3 years ago
Acquiring Company
Spaulding Ridge
Acquired Company
CIS Consulting
Information TechnologySoftwareFinancial ServicesProfessional ServicesProfessional ServicesInformation Technology
Description
Spaulding Ridge, a global cloud advisory and implementation firm, announced that it has acquired CIS Consulting, a leading data & analytics solutions and corporate performance management (CPM) company located in Spain. Effective February 17, 2022, the acquisition of CIS Consulting extends Spaulding Ridge's offerings to accelerate digital transformation for leading organizations across Europe.
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