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Hightouch Acquires Product-Led Sales Automation Startup Workbase

Apr 19, 2022over 3 years ago

Acquiring Company

Hightouch

Acquired Company

Product-Led

San FranciscoSoftware

Description

Hightouch, the leader in Data Activation, today announced it acquired Workbase, a workflow automation startup that helps RevOps teams build workflows on top of data warehouses like Snowflake.

Company Information

Company

Hightouch

Location

San Francisco, California, United States

About

Hightouch is a data and AI platform for marketing and personalization. Find insights, run campaigns, and build AI agents with all of your data.

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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