Volaris Group Acquires Purpleview

Oct 26, 2021•over 3 years ago

Acquiring Company

Volaris Group

Acquired Company

purpleview

Madhya Pradesh

Description

Today Volaris Group announced the acquisition of purpleview GmbH, which provides digital sales software for verticals like banks, insurance companies, telecommunications firms and other industries. purpleview helps customers digitize their customer processes, managing the entire contact-to-contract relationship.

Company Information

Company

Volaris Group

Location

Madhya Pradesh, India

About

Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete, enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.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

Related People

Mike hidden

Mark hidden

hidden