Sovrn Holdings, Inc. Acquires Proper Media To Expand Solutions For Publishers
Jul 15, 2021•about 4 years ago
Acquiring Company
Sovrn
Acquired Company
Key Media
Description
Sovrn Holdings, Inc., a publisher-focused technology company, today announced the acquisition of San Diego-based Proper Media. Proper Media combines industry-leading advertising technology with personalized managed services. The result is high-yielding advertising with insightful unified reporting that boosts revenue and lowers costs. This acquisition extends Sovrn's products and services and helps publishers make more money, more profitably.
FundzWatch™ Score
75
High M&A Activity
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