Cadent, LLC completes acquisition of AdTheorent Holding Company, Inc. for $324 million
Jun 21, 2024•over 1 year ago
Acquiring Company
Cadent
Acquired Company
AdTheorent Holding Company
Description
Cadent, LLC, a leading provider of platform-based converged TV advertising solutions, completed its acquisition of AdTheorent Holding Company, Inc. for $3.21 per share in an all-cash transaction that valued AdTheorent at approximately $324 million.
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