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David Centner Enterprises Announces Acquisition Of Negative Content Management Leader Guaranteed Removals

Jul 26, 2021•about 4 years ago

Acquiring Company

David Centner Enterprises

Acquired Company

Content Management Leader Removals

Description

Serial tech entrepreneur David Centner of David Centner Enterprises has acquired one of Canada's fastest growing companies, Guaranteed Removals. Guaranteed Removals is the leader in negative content management and is the first company of its kind. Founded in 2014, the company has experienced explosive growth providing reputation management consulting and services for enterprises and individuals. The acquisition, which closed January 1, 2021, had remained unannounced as the company stealthily focused on a renaming and rebranding campaign to the new nameplate, Erase.com.

Company Information

Company

David Centner Enterprises

About

David Centner is a successful inventor, serial entrepreneur, tech visionary and philanthropist with pioneering ventures in web development, online marketplaces, online advertising and electronic toll collection. Centner has had four successful exits with technology companies that he founded and led, including Highway Toll Administration which was acquired in 2018 by private equity firm Platinum Equity investing from their $6.5 billion global buyout fund, Platinum Equity Capital Partners IV. Hundreds of millions of rental car customers have paid billions of tolls utilizing Centner's innovations in the electronic toll collection industry. David Centner Enterprises is a division of DLC Capital Management, Centner's family office. Consistent among Centner's investments, philanthropy and projects, is his passionate interest in uplifting humanity in ways large and small. For more information, visit www.centner.com. SOURCE Erase.com

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