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GotPhoto Inc. Acquires Entagged with Name List App to streamline volume photography tagging process

Aug 13, 2024over 1 year ago

Acquiring Company

GotPhoto

Acquired Company

Entagged

BerlinBerlinFashionE CommerceManufacturing

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.

Company Information

Company

GotPhoto

Location

Berlin, Berlin, Germany

About

GotPhoto is the market leader in providing high-volume photography software solutions. Our innovative platform saves photographers time and boosts their sales by automating tedious tasks and offering a seamless online shopping experience for customers. With features like automatic sales tax remittance, secure galleries, and comprehensive customer support, GotPhoto ensures photographers can focus on what they do best – capturing memories.

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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