Acquiring Company
Blackstone
Acquired Company
Hipgnosis
Description
Blackstone has completed the acquisition of Hipgnosis, renaming it Recognition Music Group. This rebranding represents a consolidation of several music royalty investment ventures. Recognition Music aims to be a selective buyer of music rights, focusing on developing its portfolio and collaborating with industry publishers.
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