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Funnel completes acquisition of Adtriba to enhance marketing analytics and Unified Marketing Measurement

Jun 26, 2024over 1 year ago

Acquiring Company

Funnel

Acquired Company

Adtriba

StockholmHamburgReal EstateSaasSoftwareMachine LearningMarketingAdvertisingAnalytics

Description

Funnel, the marketing intelligence platform, has announced its acquisition of the marketing measurement company Adtriba. This acquisition expands and enhances Funnel's product offering, reinforcing its position as a global frontrunner in marketing intelligence. The move brings more advanced marketing analytics and Unified Marketing Measurement (UMM) capabilities to Funnel's platform, creating an integrated measurement technology for its customers.

Company Information

Company

Funnel

Location

Stockholm, Stockholm County, Sweden

About

Funnel exists so multifamily operators don't have to pick between antiquated monopolies or single solution challengers. After decades of the status quo, operators are no more efficient, and renters still dread leasing an apartment. We fixed that with a platform that turns the entire business model on its head. Renter Management Software is a new category of connected tools built around the renter. The software delivers a consistent, connected experience from first inquiry through years of renewals. All this while simultaneously saving operators quantifiable money through the smaller, and happier teams that only a renter-centric platform can enable.

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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