Daasity completes acquisition of Red Fox Analytics, combining digital and retail data analytics in a single platform
Mar 13, 2024•almost 2 years ago
Acquiring Company
Daasity
Acquired Company
Red Fox Analytics
Description
Daasity, a data and analytics platform for omnichannel consumer brands, has acquired Red Fox Analytics, a leader in data analytics for retail-focused consumer packaged goods brands. The acquisition combines digital and retail data analytics in a single platform, enabling merchants to gather insights from all sales, distribution, and marketing data across all channels, providing a holistic view for optimal efficiency and decision-making.
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