eHouse Studio Announces Periscope Equity Investment, the Acquisition of Commerce12 and New Executive Hires to Drive Enterprise-Scale e-Commerce Success
Apr 10, 2024•over 1 year ago
Acquiring Company
eHouse Studio
Acquired Company
Commerce12
Description
eHouse Studio, a leading e-commerce agency, has announced the acquisition of Commerce12 with the backing and support from growth-oriented investment firm Periscope Equity. This strategic move aims to build a unified e-commerce agency to manage large enterprise complexities and eliminate the need for multiple niche agencies. Additionally, eHouse has added seasoned e-commerce executives to its leadership team to drive enterprise-scale e-commerce success.
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