Acquiring Company
Fly Fairly
Acquired Company
LFG
Description
Fly Fairly has acquired LFG, enhancing its travel offerings with a mobile-first discovery platform. Financial terms of the acquisition were not disclosed. Key LFG leaders will join Fly Fairly's team post-acquisition. This move aims to redefine travel for younger generations with innovative solutions.
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