Acquiring Company
Praetorian
Acquired Company
Oni
Description
Praetorian Global, Inc. ("Praetorian"), brand owner and leading intellectual property provider to the global cannabis and hemp industry, today announced it has entered into a definitive agreement to acquire all the intellectual property "IP" assets of Oni Seed Co. ("Oni"). The asset acquisition will add the intellectual property portfolio behind the world-renowned and award-winning Oni brand and product offerings and pipeline to Praetorian's already burgeoning stable of cannabis and hemp intellectual property, including the award-winning Binske cannabis brand.
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