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Cast Iron Media Completes Acquisition Of Revvid Media

Aug 19, 2021•almost 4 years ago

Acquiring Company

Cast Iron Media

Acquired Company

Cast Iron Media

Description

Cast Iron Media, a premier sports and entertainment media solutions company, today announced the finalization of its acquisition of Revvid Media.

Company Information

Company

Cast Iron Media

About

Cast Iron Media, LLC is a premier sports and entertainment media solutions company, meeting the needs of its partners by connecting them with engaged fans watching live sports both at home and at the event. Cast Iron's Connected TV platform, SportStream LiveTM, offers a collection of live games running on popular on-demand services, and includes MLB, NBA, NHL and NCAA games. CrowdConnect LiveTM provides national branding and experiential marketing programs across all live sports and entertainment. CONTACT: comms@castiron.media; or visit www.castiron.media SOURCE Cast Iron Media

M&A Insights

Based on deal data
Integration 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