Assembly Acquires Leading Ecommerce Market Data And Intelligence Provider, Pipecandy

Apr 25, 2022•over 3 years ago

Acquiring Company

Assembly

Acquired Company

Cupixel

Austin

SeattleSales And Marketing

Description

Assembly, global ecommerce software platform powering market-leading products including Helium 10, Pacvue and Refersion, today announced the acquisition of PipeCandy, the leading vertical DaaS company and market intelligence platform that tracks insights on 5.4 million online retailers. Financial details of the deal will not be disclosed.

Company Information

Company

Assembly

Location

Austin, Texas, United States

About

He also emphasized that "Assembly is well-positioned for continued explosive growth as many businesses explore new ways to sustain company culture and cohesion in a hybrid-work future." Employers recognize that Assembly is the work cafeteria of the future and we can't wait to see what else they come up with. Learn more about Assembly and book an experience today at https://assembly.co/. About Assembly: Assembly is a virtual events company revolutionizing how teams stay connected in today's remote and hybrid workplaces.

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