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Cloudastructure Completes Acquisition Of Ipg

Jul 13, 2022•over 3 years ago

Acquiring Company

May Mobility

Acquired Company

IPG

OmahaFashionE CommerceSoftwareCryptocurrencyBlockchain

Description

Today, Cloudastructure, the award-winning cloud video surveillance provider announced the completion of their acquisition of Infrastructure Proving Grounds' assets, including their cutting-edge cloud-based GearBoxTM IoT cybersecurity solution.

Company Information

Company

May Mobility

Location

Omaha, Nebraska, United States

About

Rush ReCommerce was founded with a mission to solve the challenge of large-scale returns from ecommerce. Doug Nielsen, Julie Mahloch, and Jeff DeRuiter wanted to create a sustainable solution to one of the largest growing ecommerce issues - returns & overstocks. Rush ReCommerce has created a solution with a meaningful connection between brands and consumers to unlock a circular economy of recovery for returns. Proprietary software and processing allow partners an opportunity to resell items for higher recovery value. With over 150 manufacturers and brands on the platform currently, Rush ReCommerce is on its way to being the industry leader in helping solve this ever-growing issue. For more information, please visit www.rushrecommerce.com or email us at info@rushrecommerce.com

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