Acquiring Company
Recharge Group
Acquired Company
Giftcloud
Description
Recharge has acquired Giftcloud Limited from Groupon, marking a significant step into the B2B digital rewards market. This acquisition aims to enhance Recharge's offerings in prepaid payments, especially in the UK. The deal supports Recharge's growth strategy and positions it for further expansion across Europe.
FundzWatch™ Score
76
High M&A Activity
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