Acquiring Company
Redbrick
Acquired Company
Paved
Description
Redbrick has acquired Paved, a New York City-based newsletter advertising platform, for an undisclosed amount. This marks Redbrick's fourth major acquisition in five years, aiming to enhance its portfolio with innovative advertising solutions. Paved will continue to operate under its own brand and is expected to expand its team significantly.
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