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The Access Group Completes Acquisition Of Coins Fueling Global Erp Growth

Dec 01, 2022over 2 years ago

Acquiring Company

The Access Group

Acquired Company

Coins

LeicestershireWest Palm BeachPrivacy And SecurityProfessional ServicesInformation TechnologySoftware

Description

The Access Group (“Access”) today announced that it has completed the acquisition of Construction Industry Solutions (COINS) to extend further its ability to provide global software and services to organisations operating in the construction sector.

Company Information

Company

The Access Group

Location

Leicestershire, England, United Kingdom

About

The Access Group is one of the largest UK headquartered providers of business management software to mid-sized organisations in the UK, Ireland, and Asia Pacific. It helps more than 60,000 customers across commercial and not-for-profit sectors become more productive and efficient. Its innovative Access Workspace cloud solutions transform how business software is used, giving every employee the freedom to do more. Founded in 1991, The Access Group employs approximately 5,000 people. For more information on Access visit www.theaccessgroup.com

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

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