Over 70% of companies lack a repeatable process for their post merger integration activities.
Greenbelt, Maryland (PRWEB) June 24, 2013
Over 70% of companies lack a repeatable process for their M&A post merger integration activities. It's no wonder that almost half of the acquisitions fail to break-even.
In Deven Software's March 2013 survey of over 3,000 M&A professionals, respondents stated that integration is the most challenging phase of an acquisition. More than 50% agreed that M&A deal management or post merger integration (PMI) software would be highly valuable to their organization.
Deven Software CEO, Nick Perdikis reports, “Deven Software opens an exciting new chapter for the EMA platform. Today we are introducing a new and affordable enterprise M&A software platform in a secure and resilient software-as-a-service cloud environment, upgrading the overall customer experience and professional services, and increasing our social media presence and education to the M&A community. Under the banner of Deven Software we are establishing strategic partnerships with a select group of leading companies that provide other essential services to the M&A community, such as linkages to data room providers and alliances with financial, legal and marketing advisory services."
Deven Software Chief Sales Officer, Paul Saldo, adds "The feedback from our clients has been excellent as we continue to expand the EMA product suite. Businesses are ramping up their acquisition efforts as the US economy improves and EMA provides an expandable structure to analyze one or many targets. Our clients appreciate the flexibility of EMA to manage initial target evaluation, and then seamlessly shift to due diligence and finally integration. EMA helps the M&A professional navigate the complexity of the acquisition process. We all know coordination of diverse teams can be a real challenge, and EMA provides the essential communication platform to track all elements of the process and drive deals to closure.”
Deven Software offers EMA-Transact and EMA-Integrate on a free trial basis in a secure SaaS cloud environment or as an on-premise installation. For more information on Deven Software and the EMA suite of products, please visit our web site http://www.devensoft.com. Product briefings are available by contacting us at email@example.com or 855-DEVENSOFT (855-338-3676).