Jim Hudson Automotive Group acquires Scott Will Toyota to strengthen its presence in South Carolina
Sep 11, 2024•10 months 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