Acquiring Company
Dotdigital Group
Acquired Company
Social Snowball
Description
Dotdigital Group plc has acquired Social Snowball Holdings, Inc. for $35 million. This acquisition brings together two technologies in the martech landscape, enhancing Dotdigital's marketing capabilities. Social Snowball's platform will enable deeper influencer marketing integration into Dotdigital's product stack.
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