Acquiring Company
Elliotts Builders Merchants
Acquired Company
New Forest Hire
TottonBuilding MaintenanceBuilding MaterialConstructionDescription
Elliotts Builders Merchants has acquired New Forest Hire, enhancing its product offerings for customers. This strategic acquisition aims to establish Elliotts as a one-stop shop for construction needs. New Forest Hire will maintain its current operations and name while joining the Elliotts group. The acquisition supports Elliotts’ growth strategy in the building solutions sector.
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