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Sheehy Auto Stores acquires Bill Kidd’s Timonium Toyota and Volvo Cars

Nov 20, 20248 months ago

Acquiring Company

Sheehy Auto Stores

Acquired Company

Bill Kidd’s Timonium Toyota and Bill Kidd’s Volvo Cars

Fairfax

Description

Sheehy Auto Stores has successfully completed the acquisition of Bill Kidd’s Timonium Toyota and Bill Kidd’s Volvo Cars. This strategic move allows Sheehy to further expand its dealership group and strengthen its presence in the MD, VA, and Washington, DC markets.

Company Information

Company

Sheehy Auto Stores

Location

Fairfax, Virginia, United States

About

The company operates in the Mid-Atlantic region with 28 stores from Richmond to Baltimore, and from Annapolis to Hagerstown.

M&A Insights

Based on deal data
Integration 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