Logiq Acquires Park Place Payments, Award-Winning, Women-Owned Fintech Company

Apr 26, 2023•over 2 years ago

Acquiring Company

Logiq

Acquired Company

Park Place Payments

New York

Woodland HillsData And AnalyticsAdvertisingSoftwareProfessional Services

Description

Logiq, Inc. (OTCQX:LGIQ), a leading provider of digital consumer acquisition solutions, has acquired Park Place Payments, an award-winning fintech company delivering innovative merchant payment solutions and adjacent financial services to SMBs through a nationally distributed local sales force.

Company Information

Company

Logiq

Location

New York, New York, United States

About

Logiq Inc. is a U.S.-based leading global provider of e-commerce and customer acquisition solutions by simplifying digital advertising. It provides a data-driven, end-to-end marketing through its results solution or providing software to access data by activating campaigns across multiple channels. Connect with Logiq: Website | LinkedIn | Twitter | Facebook.

Related People

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

Logiq Acquires Park Place Payments, Award-Winning, Women-Owned Fintech Company

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Related People

M&A Insights

Company Information