Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
Fanatics
Acquired Company
Water Street Labs and CX Clearinghouse
New YorkNew YorkInformation TechnologyGamingSportsGamblinginformation technology & servicesFinancial ServicesDescription
Fanatics has agreed to acquire Water Street Labs and CX Clearinghouse, strengthening its position in prediction markets. This acquisition will allow Fanatics to manage the listing and clearing of event contracts internally. The transaction is expected to be completed by the third quarter of 2026. Financial details of the acquisition were not disclosed.
Related People
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