Society Brands completes acquisition of Vitality Now to strengthen its position in the health and personal care sector
Jun 04, 2024•over 1 year ago
Acquiring Company
Society Brands
Acquired Company
Vitality Now
Description
Society Brands has executed a deal to acquire Vitality Now, a successful direct-to-consumer health and wellness brand. This transaction underscores Society Brands' commitment to the health and personal care sector, representing nearly 75% of its revenue. The partnership aims to take Vitality Now to further heights, extending its reach to health-conscious consumers, expanding internationally, and introducing new in-demand products.
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