Origin Acquires Finny To Fill A Critical Gap In Workplace Financial Education
Jun 05, 2023•over 2 years ago
Acquiring Company
Origin
Acquired Company
Finny
CambridgeManufacturingDescription
Origin, the startup reimagining financial wellness in the workplace, announced today it has acquired Finny, a financial health startup. Origin will integrate Finny's financial education, content, curriculum, and debt management tools into its financial wellness platform addressing the urgent need for improved financial literacy. Terms were not disclosed.
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