Leading Technology Advisor Acquires Regional Sage 100 Customer Base From Baker Tilly
Jun 26, 2023•about 2 years ago
Acquiring Company
Technology Advisor
Acquired Company
Sage 100 Customer Base
Description
Net at Work, North America's largest provider of next-generation, digital operations platform technology solutions for the mid-market, today announced that it has acquired the customer base of the Meadville, PA office of Baker Tilly US, LLP, a leading advisory CPA firm. Under the agreement, Net at Work will provide ongoing services and support for Baker Tilly's existing Sage 100 customers in the region.
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