Tifin'S Financial Answers Acquires Two Additional Digital Assets To Expand Its Consumer Data Platform
May 03, 2022•over 3 years ago
Acquiring Company
Financial Answers
Acquired Company
Two Assets
Description
TIFIN, a fintech platform using artificial intelligence and investment-driven personalization to shape the future of investor experiences, today announced that its subsidiary Financial Answers has completed the acquisitions of All Star Charts, Inc. and INO.com, Inc. Both firms are high quality investor education platforms, with deeply engaged audiences and subscribers.
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