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.
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