Acquiring Company
Victrola
Acquired Company
KLH Audio
Description
Victrola announces its acquisition of KLH Audio, merging two iconic American audio brands. This acquisition will strengthen their commitment to delivering exceptional sound quality and innovative products. Both companies will continue to cater to distinct audiences while collaborating for future excellence in audio solutions. The acquisition appoints KLH's David Kelley as Brand President under Victrola.
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