Jim Hudson Automotive Group acquires Scott Will Toyota to strengthen its presence in South Carolina
Sep 11, 2024•about 1 year ago
Acquiring Company
Jim Hudson Automotive Group
Acquired Company
Scott Will Toyota
Description
The Jim Hudson Automotive Group has successfully completed the acquisition of Scott Will Toyota, marking a significant expansion of the group's presence in South Carolina. The addition of Scott Will Toyota aligns with the group's commitment to maintaining a customer-focused approach and further enhances its portfolio in the automotive retail 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