Xset, The World'S Fastest Growing Gaming Organization ("Org"), Acquires Popular Women'S Global Gaming Org, Queens Gaming Collective
Apr 06, 2023•over 2 years ago
Acquiring Company
XSET
Acquired Company
Gaming Collective, Inc.
Description
XSET, the world's fastest-growing gaming lifestyle org, today announced its second acquisition since launching only 2.5 years ago. XSET has already become one of the world's most recognized gaming brands and the acquisition of Queens is an important milestone in its continued growth, which has been strong despite a challenging market. Queens is the top women-led gaming lifestyle org built to level the playing field for women in gaming, and Queens' values and vision align with those of XSET. This acquisition is a testament to XSET's ongoing efforts of bringing inclusivity, social good, and broader culture into the gaming industry.
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