Acquiring Company
Nevco Sports
Acquired Company
Scorebird
Description
Nevco Sports LLC has announced the acquisition of Scorebird, enhancing its sports technology ecosystem with real-time data streaming capabilities. This deal allows Nevco to integrate Scorebird’s advanced technology into its offerings, better serving sports facilities. The acquisition positions Nevco to lead in the evolving digital sports landscape.
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