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Trimble Acquires B2W Software To Expand Its Civil Construction Portfolio

Sep 14, 2022almost 3 years ago

Acquiring Company

Trimble

Acquired Company

B2W

WestminsterSoftwareConstructionSoftware

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.

Company Information

Company

Trimble

Location

Westminster, California, United States

About

Trimble Inc. is a technology company providing solutions in the fields of construction, agriculture, engineering, and geospatial. The company offers a variety of hardware and software tools to improve productivity and efficiency in these industries.

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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