Acquiring Company
Static Media
Acquired Company
Jalopnik
Description
Static Media is excited to announce the acquisition of the highly regarded automotive brand Jalopnik.com, representing a significant step in expanding Static Media's presence in the auto vertical. This acquisition aligns with Static Media's goal of offering more automotive content to a new audience and demographic, reaching a combined audience of over 220 million monthly visits.
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