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West Monroe Acquires 71 & Change, Scaling Organizational Change Management Services To Meet Growing Demand

Jun 14, 2022•over 3 years ago

Acquiring Company

West Monroe

Acquired Company

71 & Change

ChicagoFinancial ServicesInformation Technology

Description

West Monroe, one of the fastest-growing digital services firms, today announced it has acquired 71 & Change, a change management consultancy based in the Pacific Northwest.

Company Information

Company

West Monroe

Location

Chicago, Illinois, United States

About

West Monroe is a global business and technology consulting firm that partners with clients to accelerate value through technology. We stand out by not just working for, but with our clients—engaging in the journey of co-creation and aligning our goals with theirs. Our expertise spans industry, strategy, people, process, and technology, ensuring rapid and impactful outcomes. Our employee ownership structure and mindset drive this mutual success. We are consistently celebrated as a top workplace by Fortune and USA Today, and as a leading consultancy by Forbes and Forrester.

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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