Factor89 Group completes acquisition of Master Magnetics Inc. to drive sustainable growth
Apr 09, 2024•over 1 year ago
Acquiring Company
Factor89 Group
Acquired Company
Master Magnetics
Description
Master Magnetics Inc., a US-based manufacturer and distributor of magnetics, is honored to announce its acquisition by Factor89 Group, a specialized private equity firm. This acquisition promises enhanced customer satisfaction and sustainable growth through strategies focused on on-time delivery, lead times, and quality.
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