Acquiring Company
Rhyz
Acquired Company
Beauty Device
BeautyLifestyleFashionHealth CareCosmeticsBeautyLifestyleFashionHealth CareE Commerce
Description
Rhyz Inc., a subsidiary of Nu Skin Enterprises Inc. (NYSE: NUS), today announced the acquisition of BeautyBio, a clean and clinically proven skincare and beauty device brand. Rhyz adds this omnichannel beauty brand to its existing synergistic ecosystem of consumer, technology and manufacturing companies focused on innovation within the beauty, wellness and lifestyle categories.
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