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Ecomedes Acquires Leading Commercial Design Discovery Platform Mortarr

Apr 26, 2022•over 3 years ago

Acquiring Company

Ecomedes + Mortarr

Acquired Company

Ecomedes + Mortarr

SoftwareInternet ServicesSoftwareInternet Services

Description

This acquisition simplifies and accelerates product discovery and analysis which is crucial for driving the demand for better buying and building practices.

Company Information

Company

Ecomedes + Mortarr

About

ecomedes and Mortarr are connecting buyers with sellers of commercial building products in the cloud to reduce costs and improve sustainability. The platforms help institutional and commercial building teams discover, evaluate, and procure optimal building professionals and materials, while vetting critical impact factors including energy, water, human health, circularity, and social factors. For manufacturers, the platforms represent a new digital channel for sales and marketing to engage customers in the digital purchase journey. Headquartered in San Francisco, Calif., you can learn more at ecomedes and Mortarr. Contacts Investors: Kathleen Egan Chief Executive Officer kathleen@ecomedes.com Media: Jen Levisen Content Director jen.levisen@mortarr.com

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