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Reviv3 Closes Acquisition Of Substantially All Assets Of Axil & Associated Brands.

Jun 22, 2022•over 3 years ago

Acquiring Company

Reviv3 Procare Co

Acquired Company

Axil

El MonteOtherManufacturing

Description

Reviv3 Procare Company (OTCQB:RVIV) today announced that it has successfully completed the previously announced acquisition of substantially all assets of AXIL & Associated Brands, a leading provider of hearing protection and enhancement products.

Company Information

Company

Reviv3 Procare Co

Location

9480 TELSTAR AVE STE 5

El Monte, California, United States

About

Reviv3 Procare Company (OTCQB: RVIV) is an emerging global e-commerce brand in the hair and skincare products industry. The Company is a predominantly direct-to-consumer marketer of premium hair and skincare products under its in-house Reviv3 Procare brand - selling products in the United States, Canada, the European Union, and throughout Asia. To learn more, please visit the Company's website at www.reviv3.com.

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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