Knox Lane-Backed Fingerpaint Acquires Emcay, Expanding Company'S Multicultural Capabilities
Jul 13, 2022•over 3 years ago
Acquiring Company
Fingerpaint Group
Acquired Company
Fingerpaint Group
Description
Fingerpaint Marketing, Inc. ("Fingerpaint Marketing") announced the acquisition of Emcay, LLC ("Emcay"), a full-service agency uniquely designed to provide a perfect balance of pharmaceutical knowledge and multicultural insight, and the creation of Fingerpaint Multicultural, a specialty offering that will focus solely on Pharmacultural® marketing. In December 2020, Fingerpaint partnered with San Francisco–based private equity firm Knox Lane to accelerate its trajectory through organic growth and strategic partnerships. Details of the transaction were not disclosed.
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