Acquiring Company
Petmeds
Acquired Company
Petcarerx
Description
PetMed Express, Inc. (“PetMeds®”) (NASDAQ: PETS), Your Trusted Pet Health ExpertTM, has reached a definitive agreement to acquire PetCareRx, a leading supplier of pet medications, food, and supplies.
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