Acquiring Company
Snackable Media
Acquired Company
AdGrid
Description
Snackable Media has announced its acquisition of AdGrid, a leading publisher-first ad operations platform. This strategic move is aimed at expanding Snackable Media's offerings in the digital advertising space. The integration of AdGrid’s technology will enhance Snackable Media's capabilities in ad management and programmatic monetization. Both companies will continue to operate with immediate plans for expansion into new verticals.
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