Volaris Acquires Raf Software Technologies

Sep 05, 2023•almost 2 years ago

Acquiring Company

Volaris Group

Acquired Company

RAF Software Technologies

Madhya Pradesh

Description

Today Volaris Group announced the acquisition of RAF Software Technologies, a global leader in pattern recognition technology. RAF offers data capture and verification software products that enable postal, courier, and transportation companies to read, identify and track shipping items.

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

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