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Bodidata Completes Acquisition Of Quantacorp, Creating The Preeminent

Jul 25, 2022over 3 years ago

Acquiring Company

Bodidata

Acquired Company

Bodidata

St. PetersburgSt. Petersburg

Description

Bodidata’s integration of QuantaCorp NV, the European Leader in handheld body measurement, establishes the size-matching industry’s most comprehensive offering of measurement alternatives for uniform and retail clients seeking perfect sizing and fewer returns

Company Information

Company

Bodidata

Location

34Th St S

St. Petersburg, Florida, United States

About

Bodidata® - Size-Matching Made Easy™ Returns are a multi-billion-dollar problem for Ready-To-Wear (“RTW”) apparel companies. Customers report that the #1 reason for returns is wrong size or fit. Returns have high reverse logistics costs that often lead to a destruction decision as the lowest cost option. This is a growing ESG problem for companies and B-Corps. BodiData was created to solve the complex problem of matching different body shapes and sizes to RTW clothing and because we understand the “Complexity of Fit” and the issues associated with matching infinite body shapes into RTW clothing, we know that accurate measurement is only one of the requirements for successful size-matching. A successful size-matching provider needs to measure accurately, match skillfully, and manage customer expectations. BodiData has addressed all of these issues with an integrated suite of solutions. We Measure.Match.Manage.™ all three essential requirements to reduce returns.

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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