Acquiring Company
BloomNation
Acquired Company
Floom
Description
BloomNation has acquired Floom, marking its expansion into the European market to support independent florists globally. The acquisition will integrate Floom's UK marketplace with BloomNation's services, enhancing visibility and customer access. Floom will continue to operate independently while providing expanded support to florists. This strategic move strengthens BloomNation's commitment to innovative solutions for small business owners.
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