Headsup Entertainment Announces Acquisition Of Gaming Hive Ltd., Expanding Technical Solutions Portfolio
May 17, 2023•over 2 years ago
Acquiring Company
HeadsUp Entertainment
Acquired Company
Gaming Hive Ltd
Description
HeadsUp Entertainment International Inc. (OTCPINK: HDUP) is pleased to announce the formal agreement for the acquisition of Gaming Hive Ltd. This strategic acquisition aligns with HeadsUp's mission to augment it's technical solutions with top-level capabilities. Having previously enjoyed a successful working partnership with Gaming Hive for several years, all parties involved are confident that Gaming Hive will play a pivotal role in the upcoming ventures that HeadsUp Entertainment will be unveiling.
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