Trimble Acquires B2W Software To Expand Its Civil Construction Portfolio
Sep 14, 2022•almost 3 years ago
Acquiring Company
Trimble
Acquired Company
B2W
Description
Trimble (NASDAQ: TRMB) announced today it has acquired privately-held B2W Software, a leading provider of estimating and operations solutions for the heavy civil construction industry. Financial terms were not disclosed.
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