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Boosted Commerce Announces Acquisition Of Happy Healthy Hippie, The Leader In Plant-Based Supplements

Nov 03, 2022•almost 3 years ago

Acquiring Company

Commerce

Acquired Company

Happy Healthy Hippie

San FranciscoMobileSales And MarketingFinancial ServicesSoftware

Description

Boosted Commerce, a leading consumer eCommerce platform that acquires and grows third-party businesses on Amazon and Shopify, today announced their second largest acquisition of 2022, Happy Healthy Hippie, the leader in better-for-you, vegan and plant-based supplements. This acquisition further solidifies Boosted's position as a leader in the supplements category on Amazon and Shopify, with over one third of their portfolio serving this vertical.

Company Information

Company

Commerce

Location

San Francisco, California, United States

About

The U.S. Department of Commerce has signed a non-binding Preliminary Memorandum of Terms (PMT) for up to $75 million in proposed direct funding to Entegris under the CHIPS and Science Act. This funding aims to support the development of a state-of-the-art facility in Colorado Springs designed to create products critical to the future of semiconductor manufacturing in the U.S.

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