Acquiring Company
Misfits Market
Acquired Company
The Rounds
Description
Misfits Market has successfully acquired The Rounds, a New York City-based company focused on reusable packaging for grocery deliveries. This acquisition aims to enhance both companies' commitment to sustainable practices and reduce waste in the supply chain. The deal marks Misfits Market's second significant acquisition, expanding its reach and offerings. Customers of The Rounds will benefit from a free year of Misfits Market+ and additional incentives.
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