Tgi Sport Announces Acquisition Of Brand Brigade, Industry Leading, International Provider Of Virtual Advertising Technology
Sep 21, 2022•about 3 years ago
Acquiring Company
TGI Sport
Acquired Company
Brigade
SportsFashion
Description
TGI Sport (TGI) has agreed to acquire Brand Brigade, the groundbreaking advertising technology company specializing in virtual advertising and product placement, the company announced today. The deal adds another best-in-class technology to TGI's suite of ad tech capabilities and services and furthers its transformation into an international leader in media services. It positions the company at the forefront of another high-growth category, expands TGI's U.S. presence, and deepens the leadership team with more highly-respected executives. TGI Sport is backed by Bruin Capital and Quadrant Private Equity. The deal is subject to closure and expected shortly.
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