Meetingplay + Aventri Acquires Top Tier Event Registration Company, Eventcore To Create A Premier End-To-End Event Management Platform
Jun 09, 2022•about 3 years ago
Acquiring Company
MeetingPlay + Aventri
Acquired Company
eventcore
EventsMedia And EntertainmentSoftwareEventsMedia And EntertainmentSoftware
Description
MeetingPlay + Aventri (MPAV), a global leader in event management solutions for onsite, hybrid, and virtual events, announced today the acquisition of eventcore, a comprehensive event registration technology platform delivering bespoke event registration services for organizations looking for tailored solutions for the most complex events. This acquisition positions MeetingPlay + Aventri as the premium event platform for delivering innovative and impactful experiences through the entire event lifecycle.
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