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Conversion Logix acquires Bend.ai to lead in predictive leasing innovation

Mar 27, 2024over 1 year ago

Acquiring Company

Conversion Logix®

Acquired Company

Bend.ai

LakewayMercer IslandAdvertisingMachine LearningArtificial Intelligence

Description

Conversion Logix, a pioneering force in the marketing and technology space, has announced the strategic acquisition of Bend.ai. This acquisition sets a new course toward revolutionizing predictive leasing in the multifamily housing industry, combining advanced analytics, predictive modeling, and tailored marketing recommendations to address budgeting and forecasting challenges facing property management companies today.

Company Information

Company

Conversion Logix®

Location

Lakeway, Texas, United States

About

Conversion Logix® is at the forefront of integrating marketing and technology in multifamily housing and senior living sectors. With a track record as a seven-time award winner on the Inc.5000 fastest-growing companies list, Conversion Logix is renowned for delivering innovative marketing solutions and best-in-class campaign management for leading property management companies nationwide.

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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