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Rhino and Jetty merge to create the largest security deposit insurance company in the market

Feb 06, 202510 months ago

Acquiring Company

Rhino

Acquired Company

Jetty

New YorkReal EstateFinancial ServicesCommerce and Shopping

Description

Rhino and Jetty, the two pioneers of security deposit insurance, have announced their merger to create the largest security deposit platform in the U.S. rental housing market. The combined company serves over 6 million rental units nationwide, offering renters affordable deposit alternatives at move-in. This strategic union will not only accelerate the growth of the security deposit alternative market but also expand the suite of move-in solutions, benefiting renters and property managers.

Company Information

Company

Rhino

About

At Rhino-Rack, we believe there’s an adventurer in all of us. It’s what drives us to create world-ready outdoor gear, born and proven in Australia.

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