Tinuiti Completes Acquisition Of Bliss Point Media And Officially Launches Streaming+, An Expanded Full-Service Advertising Offering (Streaming + Linear Video)
Aug 02, 2021•over 4 years ago
Acquiring Company
Tinuiti
Acquired Company
Bliss Point Media
Description
Tinuiti, a leading independent performance marketing firm in the US, announced it has completed its acquisition of Bliss Point Media and its subsidiary, Prospect Point Media, a leading purchaser of digital streaming media, following a previous announcement and as reported in The Wall Street Journal. The official acquisition:
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