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The Platform Group acquires Cocoli.com marketplace

PRIVATEAug 06, 20263 days ago

Acquiring Company

The Platform Group SE & KGaA

Acquired Company

Cocoli.com

GermanyGermanyFashionRetailE CommerceMarketplaceFashionRetailFurniture

Description

The Platform Group SE & Co. KGaA has announced the acquisition of Cocoli.com to expand its furniture marketplace business. This acquisition adds to TPG's existing portfolio of online furniture platforms. Cocoli.com features over 300,000 product listings from more than 100 retail partners. The transaction aims to enhance market access and sales opportunities for partners.

Company Information

Company

The Platform Group SE & KGaA

Location

Germany

About

The Platform Group is a leading software company for platform solutions, particularly in the pharmaceutical sector. Operating since 2021, it has developed ApoNow, a digital interface connecting pharmacies and pharmaceutical manufacturers. The company aims to strengthen local pharmacies through its growing digital services.

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M&A Insights

Based on deal data
Integration 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

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