NeoReach completes acquisition of Influencers.com and announces strategic partnership with Blueberry AI
Dec 03, 2024•about 1 year ago
Acquiring Company
NeoReach
Acquired Company
Influencers.com
Description
NeoReach, a leading provider of Creator Economy solutions, has acquired Influencers.com and formed a strategic partnership with Blueberry AI. This acquisition and partnership aim to revolutionize the Creator Economy by delivering innovative technology and pioneering resources for creators, significantly enhancing monetization and management capabilities within the Creator Economy.
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