logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Savage Ventures acquires ComicBook.com in a major ownership change

Sep 05, 2024over 1 year ago

Acquiring Company

Savage Ventures

Acquired Company

ComicBook.com

Description

Savage Ventures has completed the acquisition of ComicBook.com from Paramount, resulting in a significant change in leadership. Ben Kendrick, the ex-publisher of ScreenRant, is now heading up ComicBook.com following the acquisition.

Company Information

Company

Savage Ventures

About

Savage Ventures is a Nashville-based venture operator. We invest, acquire, and operate high-growth digital-first businesses.

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