AEA Investors acquires Huge and merges with Hero Digital to create a leading independent digital transformation business
Dec 05, 2024•about 1 year ago
Acquiring Company
AEA Investors
Acquired Company
Huge
Description
Huge, a leading experience design and technology business, has been acquired by AEA Investors and will join forces with AEA's existing portfolio company Hero Digital. This strategic combination forms one of the largest independent experience transformation businesses in the world, leveraging Huge and Hero Digital's differentiated service offerings, complementary capabilities, and expanded global reach to further define the future of intelligent experiences.
M&A Insights
Based on deal dataIntegration 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