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An Affiliate Of Centre Lane Partners Acquires The Appliances Division Of Instant Brands, Maker Of Kitchen Appliances Consumer Favorites Including Instant Pot®

Nov 14, 2023•over 1 year ago

Acquiring Company

Centre Lane Partners

Acquired Company

Instant Brands Appliances

New YorkDowners GroveAngel InvestmentVenture CapitalFinanceFinancial ServicesFashionManufacturing

Description

Centre Lane Partners, LLC ("Centre Lane") is pleased to announce that on November 8, 2023 an entity affiliated with Centre Lane has completed the acquisition of the Appliances Division of Instant Brands ("Instant Brands Appliances" or the "Company"), which had filed for Chapter 11 bankruptcy protection on June 12, 2023.

Company Information

Company

Centre Lane Partners

Location

New York, New York, United States

About

Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America. Centre Lane employs a flexible strategy that approaches complex situations with a solutions orientation. Centre Lane has an experienced, collaborative and diverse team, and seeks to partner with strong management teams that can benefit from patient, long-term capital and Centre Lane's operational, financial and strategic expertise and support.

DealWatch™ Score

74
High M&A Activity

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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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