Acquiring Company
BEGiN
Acquired Company
KidPass, Inc.
Description
BEGiN, the company behind early learning programs, HOMER and codeSpark Academy, announced today the acquisition of KidPass, the leading marketplace for parents to discover and book the best kids activities, including in-person and online classes and tutoring for children ages 0-10+.
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