Acquiring Company
Plaid Enterprises
Acquired Company
Arteza
Description
Plaid Enterprises has acquired select assets of Arteza, enhancing its position in the arts and crafts market. This acquisition marks Plaid's entry into the fine art category. By integrating Arteza's products, Plaid aims to accelerate new offerings in the art supplies sector.
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