Acquiring Company
iSOCRATES
Acquired Company
SIGMA Data Insights
MarketingAdvertising
Description
Global MADTech (MarketingTech, AdvertisingTech, and DataTech) leader iSOCRATES LLC has acquired SIGMA Data Insights, the 38-year-old membership industry data and analytics transformation solutions pioneer. The official announcement was made in St. Petersburg and Rochester, New York today. The move to acquire SIGMA Data Insights started earlier this year once iSOCRATES had proven to be a trusted and highly effective business solutions partner for SIGMA.
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