A Mach-Focused Match: Apply Digital Acquires E2X.Com To Grow Digital Solutions And Commerce Services For Modern Companies
Oct 31, 2022•about 3 years ago
Acquiring Company
Apply Digital
Acquired Company
E2X.COM
Description
Today Apply Digital, a global innovation, products, and experiences company, announced the acquisition of E2X.COM Ltd., a London-based commerce strategy and development agency.
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