Leading Pr And Marketing Agency Überstrategist Acquires Content Marketing Agency Virtasktic

Nov 03, 2022•about 3 years ago

Acquiring Company

Marketing

Acquired Company

Content Marketing Agency

Description

ÜberStrategist, a multi-award-winning North American public relations and full-service marketing agency serving global video game, entertainment, and technology clients, today announced the acquisition of the Raleigh-based content marketing agency VirTasktic.

Company Information

Company

Marketing

About

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Company

PR Agency

About

Public relations, advertising, publishing. Press releases, company publications, campaign planning, media buying and administration, event management.

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

Leading Pr And Marketing Agency Überstrategist Acquires Content Marketing Agency Virtasktic

Description

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M&A Insights

Company Information