Win'S Weighted Blanket Pioneer Gravity Acquires Infrared Sauna Blanket Brand Mihigh
Aug 15, 2022•almost 3 years ago
Acquiring Company
Blanket Pioneer
Acquired Company
MiHIGH
Description
Win Brands Group ("Win"), an omnichannel retail platform that buys and builds category-defining brands, announced today its brand Gravity's acquisition of MiHIGH, a pioneer in the infrared sauna blanket space that has grown 29% YoY to date.
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