Silver Canyon Group completes acquisition of Franklin Homes to expand its investment in affordable housing sector
Aug 21, 2024•12 months ago
Acquiring Company
Silver Canyon Group
Acquired Company
Franklin Homes
Description
Silver Canyon Group, a private equity investment firm, has announced the acquisition of Franklin Homes, a leading manufacturer of manufactured and modular homes. The acquisition aims to support the innovation and growth of Franklin Homes, with Bobby Killingsworth taking the lead as President and plans to include additional plants to expand the company's capacity.
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