Inmoment Acquires Leading Customer Review Management Company Reviewtrackers To Bolster Its Market-Leading Xi Platform And Accelerate The Pursuit Of Experience Improvement
Jun 16, 2022•over 3 years ago
Acquiring Company
InMoment
Acquired Company
ReviewTrackers
Description
InMoment®, the leading provider of Experience Improvement (XI)TM solutions, announced today it has completed the acquisition of ReviewTrackers, an award-winning customer review management software company. ReviewTrackers empowers over 175,000+ business locations to better understand and manage their customer reviews across 100+ sites with their review management technology. The companies will join forces to accelerate the delivery of an integrated solution focused on analyzing, amplifying, and maximizing customer feedback insight and action to accelerate acquisition and improve customer retention while driving more authentic connections with customers.
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