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Pushpay To Acquire Resi Media, Leading Video Streaming Technology

Aug 23, 2021•over 4 years ago

Acquiring Company

Pushpay

Acquired Company

Resi Media

Redmond

Description

Pushpay (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company'), the leading payments and engagement solutions provider for faith-based and non-profit sectors, announced the entry into a definitive agreement for Pushpay to acquire Resi Media LLC, an industry leading video streaming platform. The acquisition is expected to close by the end of the month, subject to satisfaction of customary closing conditions, and will expand Pushpay’s ability to help organizations increase engagement and expand their digital presence.

Company Information

Company

Pushpay

Location

Redmond, Washington, United States

About

At Pushpay, we exist to bring people together by strengthening community, connection, and belonging. We are a high-octane SaaS company changing the way organizations connect and engage with their customers and stakeholders. Pushpay has seen incredible growth in the faith, education, and nonprofit sectors in the US and around the world, changing the way churches, schools, and charities engage their communities using mobile technology while driving generosity. With a penchant for fast-paced growth, Pushpay is looking for the right people to help them keep innovating and breaking records. Are you in?

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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