How We Help Automate M&A Processes

Impact

Quanta has greatly reduced the speed to market for M&A processes to complete. They realize their financial gains faster than ever. Executive dashboards provide up to date information for strategic decisions daily.

Story

Quanta Services is a $23 billion dollar construction and powerline services company with more than 250 operating companies. The company has been acquiring multiple organizations each quarter for years. With all this M&A activity comes challenges.

The largest challenge is consolidating the large amounts of employee data to be merged into Quanta’s systems of record. This data includes employee phone numbers, addresses, emails, etc. and there needs to be a golden record of truth to eliminate redundancy.

TechStone originally helped Quanta implement a Master Data Hub solution with Boomi’s MDH solution (now called Data Hub) to determine a golden record of truth for employee data. This has since grown into asset and treasury data repositories. With TechStone’s help also integrating all of this data into various systems, Quanta is now able to execute M&A activities efficiently and faster than ever before with clean data.