GotPhoto Inc. Acquires Entagged with Name List App to streamline volume photography tagging process
Aug 13, 2024•over 1 year ago
Acquiring Company
GotPhoto
Acquired Company
Entagged
Description
GotPhoto Inc. is excited to announce the acquisition of Entagged, created by Foolography GmbH, and its groundbreaking Name List feature. This strategic acquisition will streamline the volume photography tagging process, making it easier for photographers to capture and manage large shoots efficiently and directly through the GotPhoto platform.
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