1Worldsync Acquires Powerreviews, A Leader In Consumer-Generated Ratings And Reviews, To Help Brands And Retailers Fuel Sales Online
Aug 22, 2023•almost 2 years ago
Acquiring Company
1WorldSync
Acquired Company
PowerReviews
Software
Description
1WorldSync®, the Chicago-based technology company providing the world's leading brands and retailers with critical product information to help consumers make purchasing decisions, has acquired PowerReviews, a leading SaaS provider of user-generated ratings, reviews and other content. Terms of the transaction were not disclosed.
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