Acquiring Company
Ripe
Acquired Company
GJW Direct
ManchesterManchesterInsurtechInsuranceTravelDescription
Ripe has completed the acquisition of boat insurance specialist GJW Direct from Munich Re Specialty. This acquisition marks Ripe's second major M&A transaction in a year, enhancing its market position. GJW Direct will leverage Ripe's technology and marketing expertise to drive future growth. The integration is set to transform the customer experience for GJW Direct policyholders.
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