Paddle Acquires Profitwell To Automate Payments Infrastructure For Saas Companies
May 25, 2022•about 3 years ago
Acquiring Company
Paddle
Acquired Company
ProfitWell
Description
Paddle, the complete payments infrastructure for SaaS companies, today announces it has acquired ProfitWell, the leading provider of subscription metrics and retention automation software. The deal - valued at over $200m in cash and equity - is the next step in Paddle's mission to remove the barriers to growth for SaaS companies around the world.
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