Acquiring Company
Fruition Partners
Acquired Company
The Memory Company
Description
Fruition Partners has announced the acquisition of The Memory Company, a leader in consumer-branded merchandise. The founder, Charles Sizemore, will remain a significant investor. This acquisition aims to support TMC's growth and enhance its strategic licensing position. Fruition Partners plans to build on TMC's success with new initiatives and maintain high product quality.
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