Premise Data Acquires Grupo Meiko To Accelerate Global Growth In Retail Measurement
Aug 10, 2022•almost 3 years ago
Acquiring Company
Premise
Acquired Company
Grupo Meiko
SoftwareAnalytics
Description
Premise Data Corporation announced today the acquisition of Grupo Meiko, SAS, a Latin American provider of retail measurement for more than 50 consumer goods companies with the most sophisticated portfolios and the most developed go-to-market strategies in the region. The partnership brings together Meiko's position at the forefront of retail analytics with Premise's technology infrastructure and global presence.
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