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Searchspring completes acquisition of Intelligent Reach to enhance global conversion optimization platform

Apr 02, 2024•over 1 year ago

Acquiring Company

Searchspring

Acquired Company

Intelligent Reach

San AntonioLondonRetailE CommerceSoftwareAdvertisingE CommerceSoftware

Description

Searchspring, the global leader in ecommerce site search, product merchandising, and ecommerce personalization, has announced the acquisition of Intelligent Reach, a UK-headquartered, full-service data feed management software provider. This acquisition is set to redefine how merchants and brands enhance their conversions and efficiency, as it integrates Intelligent Reach's robust product data optimization and smooth syndication across countless channels with Searchspring's expertise in site search, personalization, and merchandising.

Company Information

Company

Searchspring

Location

San Antonio, Texas, United States

About

Searchspring aims to deliver the ultimate shopping experience. As a global provider of search, merchandising, and personalization software built exclusively for ecommerce, Searchspring helps enable brands to get the right product, to the right person, at the right time. With Searchspring, customers such as Chubbies, Pura Vida, Moen, Fabletics, Peet’s Coffee, SKIMS, West Elm, Specialized, Wildfang, and Ripcurl are increasing cart size, conversion, and repeat customers. Founded in 2007, Searchspring has offices in San Antonio, Denver, Colorado Springs, Portland, Toronto, Krakow, and Sydney.

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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