Acquiring Company
Sheehy Auto Stores
Acquired Company
Bill Kidd’s Timonium Toyota and Bill Kidd’s Volvo Cars
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.
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