Rhino and Jetty merge to create the largest security deposit insurance company in the market
Feb 06, 2025•10 months ago
Acquiring Company
Rhino
Acquired Company
Jetty
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.
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