Acquiring Company
Global-e Online
Acquired Company
ReturnGo
RetailFashionE CommerceArtificial IntelligenceE Commerce
Description
Global-e Online has announced its acquisition of Israeli startup ReturnGo to improve the post-purchase experience for ecommerce customers. The deal aims to provide better solutions for automating returns and exchanges. ReturnGo offers an AI-based platform that streamlines these processes for merchants. Financial details of the transaction have not been disclosed.
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