logo
logo

Smith Acquires Digital Marketing Agency Adept To Deliver Growth Acceleration Across All Stages Of The Customer Journey

Jan 21, 2022•over 3 years ago

Acquiring Company

Smith & Associates

Acquired Company

Said Differently

HoustonBostonManufacturingAdvertising

Description

Smith, a global performance commerce agency, is thrilled to announce the acquisition of Adept, a Columbus, Ohio-based agency best known for maximizing brand growth through digital marketing. Through this acquisition, the agency will deliver on its commitment to relentless optimization across all stages of the customer journey, transforming potential into performance.

Company Information

Company

Smith & Associates

Location

Houston, Texas, United States

About

Founded in 1984, Smith is a leading independent distributor of electronic components. Smith's Intelligent Distribution™ model offers a comprehensive suite of flexible and scalable supply chain solutions to source, manage, test, and ship billions of components to partners worldwide in every industry and vertical. The company is backed by more than 25 certifications and accreditations and has developed and implemented sustainable practices that exceed industry and regulatory requirements. Building on its decades of market data, cutting-edge technology, and a systems-based approach to quality excellence, Smith generated more than USD $2.6 billion in global revenue in 2024 and ranks eleventh among all global distributors.

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

Related People

Parker hidden

hidden
hidden

Juline hidden

hidden

Sean hidden

hidden
hidden