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SPINS acquires Lucky Labs to enhance capabilities

May 20, 20254 months ago

Acquiring Company

SPINS

Acquired Company

Lucky Labs

ChicagoMiamiMachine LearningArtificial IntelligenceHealth CareRetailFashionE Commerce

Description

SPINS has announced the acquisition of Lucky Labs, enhancing its digital capabilities in the beauty and wellness sector. This merger aims to support brands with data-driven insights and improve shopper engagement. Together, they will provide a unified platform for beauty brands, merging market intelligence with omnichannel engagement.

Company Information

Company

SPINS

Location

Chicago, Illinois, United States

About

For over 20 years, SPINS has been a leader in recognizing the transformative power of data in retail. They offer clients cutting-edge tools to grow and stay competitive. A growing shift in the industry is the rise of values-oriented consumers: nearly half of shoppers prioritize products that emphasize health, wellness, social responsibility, and environmental awareness. Companies demonstrating ethical and sustainable practices are gaining market share. SPINS provides the industry's most comprehensive data to train AI models and power machine learning algorithms, helping clients understand and meet consumers' needs. For more visit, www.spins.com SOURCE SPINS

FundzWatch™ Score

66
High M&A Activity

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M&A Insights

Based on deal data
Integration 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