Proactive Group Holdings Inc. Acquires Online Investor Communications Expert Irm

Aug 08, 2022•about 3 years ago

Acquiring Company

Proactive

Acquired Company

IRM

Internet

Description

Proactive Group Holdings Inc. (“Proactive”), the digital investor engagement specialist, is pleased to announce the acquisition of IRM Pty Ltd (IRM), the leading Australian provider of investor websites and online investor engagement services.

Company Information

Company

Proactive

About

Proactive provides a unique tech-enabled platform providing companies globally with a comprehensive investor engagement solution across their business lifecycle. With six offices on three continents, Proactive works with innovative growth companies quoted on the world’s major stock exchanges, helping executives to engage intelligently with investors. In 2021, Proactive featured in 809 million search results, our content was viewed over 165 million times and our readers spent over 10 million hours on our websites. Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.

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