The Access Group Completes Acquisition Of Coins Fueling Global Erp Growth
Dec 01, 2022•over 2 years ago
Acquiring Company
The Access Group
Acquired Company
Coins
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.
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