Spin Master To Acquire The Hexbug® Brand And Portfolio Of Creative Robotic Technology
Jan 10, 2023•over 2 years ago
Acquiring Company
Spin Master
Acquired Company
Laza Medical
Description
Spin Master Corp. ("Spin Master") (TSX: TOY), a leading global children's entertainment company, today announced it has reached an agreement to acquire the HEXBUG brand of toys from award-winning toy company, Innovation First International, Inc.
FundzWatch™ Score
87
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