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1Worldsync Acquires Powerreviews, A Leader In Consumer-Generated Ratings And Reviews, To Help Brands And Retailers Fuel Sales Online

Aug 22, 2023almost 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.

Company Information

Company

1WorldSync

About

1WorldSync: More than the top GDSN data pool, 1WorldSync provides a trusted omnichannel commerce space for the efficient exchange & syndication of quality product content.

M&A Insights

Based on deal data
Integration 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