Case Study: Ascensus achieves high-velocity automated M&A — closing 1–2 deals per month with Midaxo

Ascensus completes 1-2 deals per month & evaluates +2,000 targets on Midaxo's end-to-end Smart M&A platform

Ascensus, a technology-enabled provider of retirement, education and health savings solutions with 2,400 employees, needed to sustain an aggressive M&A program that evaluates more than 2,000 targets a year and closes 1–2 deals per month. To manage that high deal velocity while enforcing a standardized, strategy-first playbook across sourcing, diligence, execution and integration, Ascensus selected Midaxo’s Smart M&A platform to digitize and systematize its end-to-end M&A processes.

Using Midaxo, Ascensus implemented an end-to-end digitized workflow—automating outreach, pre-defining workstream owners, pre-populating the virtual data room and enabling a seamless handoff from diligence to integration. Midaxo’s platform automates roughly 85–90% of the M&A lifecycle for Ascensus, supporting evaluation of +2,000 targets, sustaining 1–2 monthly closings, improving NDA→LOI→execution close rates, and giving integration teams immediate access to deal data to ensure Day One readiness.

Ascensus

Raghav Nandagopal

Head of Corporate Development and Mergers & Acquisitions