Mad Street Den Acquires Inturn, An Enterprise Software Solution For Managing Slow Moving And Excess Inventory
Nov 08, 2022•about 3 years ago
Acquiring Company
Mad Street Den
Acquired Company
Inturn
Description
Mad Street Den an award winning AI company today announced its acquisition of New York based Inturn which provides enterprise consumer brands a system of record to manage and optimize slow-moving or excess inventory.
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