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Begin Acquires Kidpass, Leading Kids Activity Marketplace

Aug 07, 2021over 4 years ago

Acquiring Company

BEGiN

Acquired Company

KidPass, Inc.

New York

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+.

Company Information

Company

BEGiN

About

BEGiN is an award-winning educational technology company bringing high-quality learning to kids globally. BEGiN's products are as effective as they are engaging and include the HOMER Learn & Grow app, HOMER Learn & Play app, HOMER Explore Kits, and codeSpark Academy.

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