Acquiring Company
Basatne
Acquired Company
Cartlow
Description
Basatne has completed the acquisition of Cartlow to enhance its role in the circular economy. This strategic move aims to leverage Cartlow's technology and market presence to address the growing e-waste crisis in the Middle East. Together, they will promote sustainable practices and innovation in device lifecycle management. The acquisition aligns with regional sustainability initiatives and sets the stage for further growth in re-commerce.
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