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Visualaim, Llc Acquires Mi Software Solution Provider Two Rivers Technologies And The Tms Branded Mechanical Integrity Software Solution

Mar 22, 2023•over 2 years ago

Acquiring Company

VisualAIM

Acquired Company

TWO RIVERS TECHNOLOGIES

ConsultingInformation TechnologySoftwareAnalytics

Description

March 22th, 2023 VisualAIM, LLC, a leading provider of visualization solutions to digitally transform the downstream, midstream, and upstream energy industries, has acquired the assets from Two Rivers Technologies, a leading supplier of the TMS Mechanical Integrity Solution for Process Safety Management.

Company Information

Company

VisualAIM

About

VisualAIM is a privately held technology company founded by individuals with decades of experience in software programming, mechanical engineering, asset integrity management, risk analysis, data visualization, data mining, artificial intelligence, predictive analytics, and business processes. Its mission is to improve asset integrity management, process safety management, and regulatory compliance by enabling efficiency and productivity improvements through its technology, generating exponential savings for its clients. The business generates revenues from licensing, integration, and consulting using its IDP, 3D Twin, MI Suite, Operator Rounds, and Pipeline Conformance and Confluence (PCC) solutions. SOURCE VisualAIM

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