Acquiring Company
Interopay
Acquired Company
Rewardworks
Description
Interopay Inc., an emerging B2B Payment Automation company, is pleased to announce the successful acquisition of Rewardworks, a long-time Payment Automation software. This acquisition marks the beginning of Interopay’s position in the B2B Payment market and enhances its ability to deliver innovative solutions to the market.
FundzWatch™ Score
69
High M&A Activity
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