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Southport to acquire Angel Studios in merger deal

Mar 13, 2025•9 months ago

Acquiring Company

Southport Acquisition Corporation

Acquired Company

Angel Studios

CaliforniaProvoFinancial ServicesMobileSoftware

Description

Southport Acquisition Corporation is set to merge with Angel Studios in a business combination transaction. This acquisition aims to leverage Angel's unique model of audience participation in content creation and distribution. As part of the merger, important regulatory documents have been filed with the SEC for review. The combination will enhance the growth potential of both companies in the entertainment industry.

Company Information

Company

Southport Acquisition Corporation

Location

1745 Grand Ave

California, United States

About

Southport Acquisition Corporation is a special purpose acquisition company (SPAC) that focuses on identifying a prospective target company and then acquiring it, thereby making it a publicly traded company. Southport seeks to support companies with strong potential for future growth and success in the stock market.

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