Acquiring Company
Daily AI
Acquired Company
Whiteboard CRM
Real EstateArtificial IntelligenceDesignScience And EngineeringData And AnalyticsInternet ServicesInformation TechnologySoftware
Description
Today, Daily AI, the provider of intelligent solutions for the future of mortgage lending, announced that it has acquired Whiteboard CRM. Whiteboard provides a mortgage CRM built to accelerate lead management, partner relationships, team production, and revenue growth. This acquisition will enable Daily AI to continue its significant expansion of market share since its founding in 2019 and continue fulfilling its mission of empowering mortgage professionals to increase their performance with its suite of automation tools.
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