Ebg Acquires Undercover Tourist To Support Growth In The B2C Online Travel Marketplace
Jun 29, 2022•about 3 years ago
Acquiring Company
EBG
Acquired Company
Tourist
Description
EBG, one of the fastest growing e-commerce solutions providers in the U.S. specializing in travel and entertainment, is acquiring Undercover Tourist, one of the largest privately held B2C online travel marketplaces in the nation specializing in theme parks and attractions.
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