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Messari Acquires Assets And Business Of Dove Metrics To Expand Product Offerings

Aug 02, 2022•almost 3 years ago

Acquiring Company

Messari

Acquired Company

Assets

New York

Description

Messari, a leading provider of crypto market intelligence products, today announced its acquisition of the assets and business of Dove Metrics of Blackrose Capital. Dove Metrics is a leading provider of fundraising data and intelligence for the crypto fundraising landscape.

Company Information

Company

Messari

Location

Gainers

New York, New York, United States

About

Messari provides market intelligence that drives high-conviction participation in the crypto economy. We help professionals, builders, and communities navigate web3 by providing world-class tools and intelligence. Founded in 2018, Messari is the leading provider of crypto market intelligence products that help professionals navigate crypto/Web3 with confidence. We bring transparency and smarter qualitative and quantitative analytics to the industry by combining a global research database with a comprehensive suite of data visualization and asset discovery tools. We help drive smarter participation in crypto from individuals and institutions alike.

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

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