Acquiring Company
Furniture Mart USA
Acquired Company
Becker Furniture
Description
Furniture Mart USA, a South Dakota-based furniture company, has announced the acquisition of Becker Furniture, a prominent Minnesota-based furniture store chain. The acquisition includes seven Becker Furniture stores located across Minnesota, along with their central distribution center. This strategic move aims to enhance the customer experience through increased selection, better prices, and faster delivery.
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